MGG / Video Games Articles and stories / Overwatch /

NetEase is financing an Esport Park for its OWL team, Shanghai Dragons

NetEase is financing an Esport Park for its OWL team, Shanghai Dragons
0

Philadelphia having already announced its brand new arena, Shanghai is not the first esports franchise to build its own structure. Despite this, NetEase — which own the Overwatch League team Shanghai Dragons — has ensured that it will invest $725 million in a structure that will be built by 2021.

NetEase is financing an Esport Park for its OWL team, Shanghai Dragons

A major competitor of Tencent on Chinese soil, NetEase is an almost historical partner of Blizzard in the distribution of its licenses. While Tencent is affiliated with League of Legends and Arena of Valor in particular, NetEase has opted for a long-term contract with Starcraft and Warcraft 3 licenses in particular. The firm also invested in Total War and began to create development studios.

Horizon 2021

The latest announcement: the creation of the Shanghai Esports Park — which will house game creation offices, talent incubators, and finally an esports arena. Matches of the Shanghai Dragons franchise (owned by NetEase) will be hosted in the arena when the Overwatch League will organise home games.

This project is huge and is expected to cost approximately $725 million. It is located in the Shanghai Qingpu District and has already been started. All of them should be completed in 2021. This is the second announcement after the Philadelphia Fusion and their Fusion Arena planned for 2020.

0

More Stories

04:45 This week's Overwatch 2 "What's Next" event will give first glimpse into the game's PvP
03:54 Overwatch League and Call of Duty League adjust rules to allow betting and liquor sponsors
02:19 Chinese Overwatch League teams stop boycott of Saebyeolbe
11:00 Jeff Kaplan, Overwatch's original director, leaves Blizzard
10:59 OWL 2021 Season starts today with the May Melee
02:49 Xzi retires from professional Overwatch due to health concerns
11:50 Overwatch Archives is back until April 27
02:13 DoA returns to Overwatch League casting, teams up with ZP
06:33 The Archives Event returns to Overwatch between April 6-27
04:43 Blizzard won't make Overwatch League MVP skins going forward

Discover guides

Echo is available on Overwatch's live servers
Overwatch World Cup 2019: USA are your World Champions!
Overwatch League 2019: all the results of the last weekend of Stage 4