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-   -   Vince McMahon sells $100 million of WWE stock as XFL reboot plan continues (https://blackandgold.com/nfl/86215-vince-mcmahon-sells-100-million-wwe-stock-xfl-reboot-plan-continues.html)

SmashMouth 12-21-2017 06:38 PM

Vince McMahon sells $100 million of WWE stock as XFL reboot plan continues
 
Rumors that Vince McMahon wants to reboot the XFL are officially more than just rumors.

Today the WWE revealed to the Securities and Exchange Commission that McMahon has sold about $100 million worth of stock, and that he did so “primarily to fund a separate entity from the Company, Alpha Entertainment LLC, which Mr. McMahon established to explore investment opportunities across the sports and entertainment landscapes, including professional football.”

Translation: McMahon wants to try to create a rival pro football league again. And now he has enough cash on hand to give it a go.

read more on PFT

Utah_Saint 12-21-2017 07:50 PM

Re: Vince McMahon sells $100 million of WWE stock as XFL reboot plan continues
 
Good. I hope it works. Best thing for football would be a little competition for the NFL. They'd have to learn to treat their fans and players better.


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