Popular North American eSports organization Team Solo Mid has officially backed away from any plans related to a professional Overwatch team. Taylor "B1am" Forrest, who had been heading up the effort, explained to fans why TSM backed out via the statement below:

"It’s no secret at this point that ConnorJ and I have been working with TSM over the past few months to put together an OW roster. Recently we had just closed in our final six after having trialed dozens of extremely talented players, but unfortunately (due to circumstances outside of our control) the team isn't going to come to fruition. After learning more information about the OWL ($$$), TSM decided that it'd be better for the organization to stay out of the competitive scene, at least for now. TSM and I have now mutually parted ways and I hope to be involved again in the scene very soon."

TSM is not the first to say no to the Overwatch League, as high prices demanded by Blizzard have steered away many wishing to make a foray into the popular game. While small time tourneys have been rather successful, the price Blizzard wants for any large scale Overwatch tournament far exceeds precedent with prices ranging from $2-$15 million in licensing costs depending on the area in which the tournament is held. That's a price, put simply, no outfit can afford if they wish to profit from an eSports event in the best case scenario. If you're wondering why Overwatch hasn't blown up in eSports...that's why. Until Blizzard loosens the reigns and lowers the price on the licensing on OWL, don't expect any high-profile tournaments or teams aggressively pursuing the game. 

Source: GosuGamers