The biggest questions facing the gaming world in 2021

The reduction of such live events stings in several ways, starting simply with gate revenue -- a major component of overall revenue generation for the likes of teams in the Overwatch League (OWL) and the Call of Duty League (CDL), both anchored around the idea of franchises hosting competitions from designated home markets. And with no live competitions, there are also fewer sponsorship opportunities as signage and promos are worthless when no one is there to see them. In the cases of the OWL and CDL, 100 percent of the revenue from those local live events and sponsorships goes directly to the host team. Eliminating that money is a huge blow to individual organizations, even if the cancellations also alleviated the costs of paying for such events.