With Call of Duty esports moving to a new franchised model for the 2020 season, there is a mad rush for teams to secure the rights to a location which a team can officially represent in the league, and the city of Los Angeles is driving the most competition.
The rights to the Los Angeles franchise has reportedly been a major focus of 100 Thieves, who are reportedly looking to raise more money to help them lock down the Los Angeles franchise.
According to the New York Post, 100 Thieves, who raised $25 million in funding back in October of 2018 (per Forbes), are looking to secure an additional $25 million to be likely used in securing the aforementioned Los Angles Call of Duty franchise.
100 Thieves has been on a meteoric rise, highlighted by a huge first round of funding which as rapper Drake and talent agent Scooter Braun brought in as co-owners of the esports organization back in October 2018.
Activision has already announced the first 5 franchises for the league, with cities such as Atlanta, Dallas, New York, Paris, and Toronto slated to host teams competing in the tournament.