On Thursday, WWE founder and chairman Vince McMahon announced that heโs bringing back the XFL, which is slated to begin in January 2020.
โThe new XFL is an exciting opportunity to reimagine Americaโs favorite sport,โ said McMahon. โAs we move towards kickoff, we look forward to listening and implementing innovative ideas from players, coaches, medical experts, technology executives, the media and most importantly football fans.โ
According to McMahon, the XFLโs first season will have eight teams located around the country and play a 10-week schedule.
The plan is to have the initial outlay of money for the league at around $100 million, which happens to be the same amount of WWE stock McMahon sold last month.
โI wanted to do this since the day we stopped the other one,โ McMahon told ESPN. โA chance to do it with no partners, strictly funded by me, which would allow me to look in the mirror and say, โYou were the one who screwed this up,โ or โYou made this thing a success.โโ
McMahon says that they plan to have faster games around two hours long and they wonโt have cheerleaders, players with arrest records and they will require all players to stand for the national anthem.
โPeople donโt want social and political issues coming into play when they are trying to be entertained,โ McMahon said. โWe want someone who wants to take a knee to do their version of that on their personal time.โ
As for why the league will be successful this time around, McMahon mentioned that television ratings no longer dictate success.
โTo me the landscape has changed in so many different ways,โ McMahon said. โJust look at technology and companies like Facebook and Amazon bidding for sports rights. Even if ratings go down, thereโs no denying that live sports rights continue to be valuable and continue to deliver.โ
โI donโt think people want to see the same thing when theyโre streaming as they see on television,โ McMahon said. โThatโs boring. I think fans want it shot in a totally different way, and I think thereโs an immersive opportunity thatโs more interactive to the game.โ
The NFL has dealt with issues in recent years, but McMahon says that the decision to relaunch the XFL has nothing to do with that.
โThe start of this league has nothing to do with the NFLโs troubles,โ McMahon said. โWhat has happened there is their business, and Iโm not going to knock those guys, but I am going to learn from their mistakes as anyone would if they were tasked with reimagining a new football league.โ
Although, McMahon did say: โOne thing we are not is a development league for the NFL.โ
Weโll have more regarding the XFL as the news is available.
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