EnVyUs will relocate its headquarters from Charlotte, North Carolina to the city franchise location, according to the report. The team is reportedly working to finalize a family office investment in Dallas and will pay the $20 million Overwatch League buy-in fee over time.
EnVyUs would be the sixth American team in Overwatch League, with franchises already announced in New York, Los Angeles, San Francisco, Miami and Boston — as well as Shanghai, China and Seoul, South Korea.
As one of the first large North American esports organizations to dive into Overwatch, EnVyUs also has one of the most successful NA teams with wins at MLG Las Vegas in December and Season 1 of OGN APEX in South Korea. EnVyUs is the only foreign team to win a season of APEX, which no longer allows foreign teams to compete.
Following the initial announcement, more details regarding the players in Overwatch League were released July 26, which included a minimum $50,000 salary and health benefits for all players in the league.
UPDATE (6:15 p.m. ET Aug. 8): EnVyUs has reportedly received a $35 million investment from Hersh Family Investments, according to another report from ESPN.
The investment comes from prominent oil and natural gas tycoon Kenneth Hersh and Hersh Family Investments. If the deal goes as anticipated, it will be the largest investment in the history of esports, according to the report.
Cover photo courtesy of Blizzard