Vince McMahon To Personally Spend $500M On XFL
- 6 years ago
According to TheWrap, Vince McMahon is going all in with his plans for the new XFL.
The WWE chairman is putting $500 million of his own money to fund the first three seasons.
Fans may recall the XFL was a WWE version , which provided an alternative to NFL football.
It lasted only one season, in 2001, and folded quickly, losing money for WWE and partner NBC.
This year McMahon sold about $100 in WWE stock, moving it into Alpha Entertainment.
The WWE chairman is putting $500 million of his own money to fund the first three seasons.
Fans may recall the XFL was a WWE version , which provided an alternative to NFL football.
It lasted only one season, in 2001, and folded quickly, losing money for WWE and partner NBC.
This year McMahon sold about $100 in WWE stock, moving it into Alpha Entertainment.