Kemo
04-08-2019, 11:01 PM
WWE Chairman and CEO Vince McMahon reportedly declined the request offered by the AAF to merge with his second attempt at launching the XFL.
This comes after the AAF only lasted eight weeks before the league suspended operations last week. McMahon, who owns the XFL under Alpha Entertainment, shot down the offer in December 2018, according to the Sports Business Daily.
Per the report, the AAF “was already running out of money” and “was on life support” before the season started back in February. It was added that XFL representatives did not immediately return a request for comment on the report.
The league was in trouble before it started due to former USFL player Reggie Fowler, who was the AAF’s primary investor not coming through with a $28 million payment around Christmas. Thus, it forced Carolina Hurricanes owner Tom Dundon to then come aboard as the primary investor and fund it.
Dundon gave $250 million in funding and also became the league’s chairman, but they couldn’t make it work as the AAF was reportedly losing $10 million per week before pulling the plug.
The relaunch season for the XFL kicks off in 2020 on Saturday, February 8 and Sunday, February 9. It should be noted that this is the weekend following the NFL’s Super Bowl.
This comes after the AAF only lasted eight weeks before the league suspended operations last week. McMahon, who owns the XFL under Alpha Entertainment, shot down the offer in December 2018, according to the Sports Business Daily.
Per the report, the AAF “was already running out of money” and “was on life support” before the season started back in February. It was added that XFL representatives did not immediately return a request for comment on the report.
The league was in trouble before it started due to former USFL player Reggie Fowler, who was the AAF’s primary investor not coming through with a $28 million payment around Christmas. Thus, it forced Carolina Hurricanes owner Tom Dundon to then come aboard as the primary investor and fund it.
Dundon gave $250 million in funding and also became the league’s chairman, but they couldn’t make it work as the AAF was reportedly losing $10 million per week before pulling the plug.
The relaunch season for the XFL kicks off in 2020 on Saturday, February 8 and Sunday, February 9. It should be noted that this is the weekend following the NFL’s Super Bowl.