Sports

Vince McMahon To Spend $500 Million On XFL Relaunch

Relaunching the XFL was not going to be cheap and we’re starting to see how much Vince McMahon is investing. ESPN reports that McMahon will spend around $500 million during the first three years.

In December 2017, McMahon sold $100 million of WWE stock to help relaunch his version of football for 2020. Back then, McMahon stated that more money would be needed.

Two expenses that will cost the XFL are salaries for the players and coach and the insurance will be high. Each player will make $75,000, which is more than they made the first time around; but, far less than what someone in the NFL makes.

The first time McMahon tried the XFL, there was lots of buzz but it ended after the inaugural season. A major issue was how most of the decisions about the league were made in the final months leading up to the first game. This time around, McMahon is taking a slower pace and also noted how there will not be any references to pro wrestling.

Joe Lisnow

The lineage of pro wrestling dates back centuries, tying the world together through the art of storytelling. After nearly 30 years of watching, now Joe has the chance to report the news about men and women competing inside a 20-foot by 20-foot ring.

Recent Posts

Family Man Ryan Gosling Picks Roles That Won’t Hurt His Children

The Hollywood star Ryan Gosling is speaking out this week to say that he keeps…

3 days ago

Jeff Daniels, Once Ready To Leave Show Business, Has Found His Groove

After Dumber and Dumber To finished filming in 2014, Jeff Daniels told co-star Jim Carrey,…

3 days ago

Britney Spears Announces She’s Leaving California – ‘I’m Moving To Boston’

The singer Britney Spears has revealed that she is the latest celebrity to be ditching…

3 days ago

Cher Once Lost All Her Money But Explains How She Bounced Back

Cher was once broke. But she was able to come back out of it, as…

3 days ago

Johnny Depp Praised For First Role After Amber Heard Trial

Johnny Depp has officially launched his Hollywood comeback in the wake of him coming out…

3 days ago

‘Beverly Hills, 90210’ Star Jason Priestley Reveals Why He Ditched L.A. For Nashville

The former "Beverly Hills, 90210" star Jason Priestley recently became the latest in a long…

3 days ago