Overwatch League franchise pricing

Kotick's reasoning for pricing city teams at $20 million.

Jason Schreier's framework, from Play Nice, pp. 200 to 303.

Name the buyer
Aim at billionaires who already own traditional sports teams.
Price for their return
They only care if $20 million can become about $100 million, not if $250,000 becomes a million.
Accept the downside
Each team starts $20 million in the hole with no proven revenue model.

From chapter: PART THREE: FUTURE, pp. 200–303

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