Report: Vince McMahon to form new pro football league
Vince McMahon, the founder of WWE and architect of the XFL, is set to announce the launch of a new pro football league.
ESPN reported Thursday that McMahon was set to announce that he's making another attempt at a league and might again use XFL as the league name.
In December, McMahon and the WWE formally notified the Securities and Exchange Commission that the company's chairman, McMahon, would sell approximately $100 million in stock to fund Alpha Entertainment. The company was founded to make investments "including professional football," according to that filing.
Bleacher Report said the league is expected to start in 2020 after McMahon has time to set up the infrastructure.
The XFL was founded in 2001 and lasted only one season.
--Field Level Media