Blizzard Buys IGN Pro League Assets

Blizzard today announced their purchase of IPL, IGN's pro league. Along with that they mentioned that they will not be continuing the league, rather they will have the IPL staff join their existing eSports team. Am I the only one that is very disappointed in this? I don't follow pro gaming all of the time but having such a big league basically vanish is disappointing. I doubt anything that Blizzard does with it in the future will involve a variety of games as well.