- Sep 8, 2014
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This is crazy. McMahon lost $100 million on the XFL.
Report: WWE's Vince McMahon to announce new pro football league
http://www.msn.com/en-us/sports/mor...new-pro-football-league/ar-AAvalWf?li=BBnb7Kz
It appears Vince McMahon is ready to get back in to football, as ESPN's Darren Rovell is reporting the WWE CEO will announce Thursday afternoon that he's starting a new professional league.
McMahon previously launched his own professional football league, the XFL, in 2001 but the organization folded after just one season.
BREAKING: @VinceMcMahon to make major sports announcement TODAY at 3 p.m. ET. Follow @AlphaEntLLC, and watch the stream live on Twitter, Facebook and YouTube. https://t.co/G7vqTI40Ea
— WWE (@WWE) January 25, 2018
McMahon registered a number of trademarks in December that suggested a potential foray into professional football, and sold $100 million of his WWE stock to fund a new venture.
The XFL lost $70 million in its one season of operation, according to Alfred Konuwa of Forbes.com, so it's doubtful that McMahon would simply reboot the defunct league with no changes.
Report: WWE's Vince McMahon to announce new pro football league
http://www.msn.com/en-us/sports/mor...new-pro-football-league/ar-AAvalWf?li=BBnb7Kz
It appears Vince McMahon is ready to get back in to football, as ESPN's Darren Rovell is reporting the WWE CEO will announce Thursday afternoon that he's starting a new professional league.
McMahon previously launched his own professional football league, the XFL, in 2001 but the organization folded after just one season.
BREAKING: @VinceMcMahon to make major sports announcement TODAY at 3 p.m. ET. Follow @AlphaEntLLC, and watch the stream live on Twitter, Facebook and YouTube. https://t.co/G7vqTI40Ea
— WWE (@WWE) January 25, 2018
McMahon registered a number of trademarks in December that suggested a potential foray into professional football, and sold $100 million of his WWE stock to fund a new venture.
The XFL lost $70 million in its one season of operation, according to Alfred Konuwa of Forbes.com, so it's doubtful that McMahon would simply reboot the defunct league with no changes.