WWE’s Vince McMahon will try to launch professional football league
Is it time for the return of the XFL?
WWE founder and chairman Vince McMahon will announce that he will make another attempt at starting a professional football league, sources told ESPN.
Alpha Entertainment, a company formed by McMahon, issued a media advisory Thursday saying that McMahon would have a “major sports announcement” on Thursday afternoon.
Last month, WWE filed paperwork with the Securities and Exchange Commission stating that McMahon would sell approximately $100 million in stock to fund Alpha Entertainment, a company founded to make investments “including professional football.”
It is not clear whether McMahon will use the name XFL, the ill-fated football league that he co-owned with NBC and that lasted only one season in 2001, but Alpha has filed trademarks for that name.