Just thinking out loud, but this could work if they keep their goals in check. The league and its teams were owned by Alpha Entertainment, a private company formed independently of WWE by McMahon (although WWE was listed in filings as holding a 23.5% minority stake in Alpha Entertainment).After 5 weeks of play, the XFL announced that its inaugural season would come to a close on March 12 because of growing COVID-19 pandemic concerns and social distancing mandates. Celebrities more often then not want to keep their love affairs secret, if you happen to know the name of XFL (2020)'s partner, please leave a comment in the section below. If not, hopefully he stays out of trouble. It just doesn’t work. The XFL lasted for just one season back in 2001 and lost a ton of money. They had one in NFL Europe and it wasn’t costing them a ton. August 3, 2020 at 10:07 am On April 21, recently fired former XFL commissioner Oliver Luck sued McMahon for wrongful termination. He’s splitting $15 million 3 ways. —– With a net worth put at $2.2 billion by Forbes, McMahon has the capital to indulge his pursuits and will need deep pockets with sporting start-ups regularly burning through cash. T’would be cool if he could make it work. Smith played college football for the Utah Utes where he also was named the Mountain West Conference Player of the Year in 2004. Hopefully, Johnny Football gets his act together and returns to professional football at some point, because the sports universe is a more exciting place with him in it. It’s not a bad speculation for Johnson. Also, he better hope his partners are legit a solid. It is backed by WWE chairman and CEO Vince McMahon, whose personal net worth is estimated by Forbes magazine to be $2.2 billion. He actually made it happen. Vince McMahon Age, Height, Wife, Daughter, House, Net Worth, XFL Popeye 11 months ago Aside from cartoons and Pokemon, our childhood was pretty much dominated by WWE, in other words, wrestling. In announcing the reformed XFL, McMahon stated that while it would share its name and trademark with the previous incarnation, it would not rely on professional wrestling-inspired features and entertainment elements as its predecessor did, instead aiming to create a league with fewer off-field controversies and faster, simpler play compared to the NFL. $15M is nothing, not even a drop in this bucket. Even if the league goes bust again, he won’t end up in the poorhouse. And according to Forbes magazine, McMahon's net worth has dropped by $1 billion, from $2.9 billion to $1.9 billion, in the past year. There’s got to be a team in Little Rock… surely. Kickers would get $3,500 per week each, and all other players would make $4,500 per week. Just sit on the equity and sell it later to the next fool that thinks they can bring it back. This would be the third start. Net Worth: $55 Million Alex Smith is an American football, quarterback for the Washington Redskins of the NFL. On August 2, 2020, it was reported that a consortium led by Dwayne Johnson, Dany Garcia and Gerry Cardinale (through Cardinale's fund RedBird Capital Partners) purchased the XFL for $15 million just hours before an auction could take place; the purchase received court approval on August 7. In the past, the XFL, which was co-owned by McMahon and NBC, paid players about $45,000 for the season. The stupidity of this has nothing to do with the up-front investment. Guys like McMahon always talk a good game, but fold the minute the league hits a rough spot. Congrats. Generally speaking, the bigger the hexagon is, the more valuable XFL (2020) networth should be on the internet! Nobody is to judge how someone spends their hard-earned cash, but pro wrestling’s leader is prepared to lose a good chunk of change in the coming years. titans4evr says: That’s just the price of admission. Many people ask this question about the money XFL (2020) makes from Facebook. Yeah I wonder what he will do with the other 312.5 million dollars he is worth. Brian Keith Bosworth was born on the 9th March, 1965 in Oklahoma City, Oklahoma, USA. The original XFL was one of the biggest financial disasters in sports history, costing … What exactly about the Rock inspires people to think he can get the XFL to work? Fill the stands, make it a fun atmosphere. With a net worth in the billions, it’s no secret WWE Chairman and CEO Vince McMahon has some money to play around with. Or that one spot in the garage? Dwayne Johnson, a former pro wrestler who has become a major film and TV star, is buying the XFL, according to Scott Soshnick of Sportico.com. According to reports, the XFL is listed with assets and liabilities in the range of $10 million to $50 million. The stupidity of this has nothing to do with the up-front investment. That is pennies. It’s going to take years and heavy losses to establish a sizable fan base. It’s unclear when the XFL will return to action, how it will be televised, and where the games will be played. Davis was the principal owner and manager of the Oakland Raiders of the NFL for 39 years from 1972 until his death in 2011. 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