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Vince McMahon expects to spend $500 million on XFL

Posted: Fri Jun 29, 2018 4:50 pm
by Andibald
WOW!

http://www.espn.com/nfl/story/_/id/2394 ... illion-xfl
The WWE chairman, who began funding the league by selling approximately $100 million in WWE stock and putting it into his wholly owned subsidiary Alpha Entertainment, has informed insiders that he expects to spend closer to $500 million in the league's first three seasons. The XFL is scheduled to reboot in February 2020.

"People were focused on the $100 million, but the truth is that doesn't even get us to the 20-yard line," league CEO and commissioner Oliver Luck told ESPN. Luck accepted the job June 5 and starts at his office across the street from WWE headquarters in Stamford, Connecticut, on Monday.