WWE founding chairman Vince McMahon announced that he will revive the XFL again in 2020 that will focus more on competition rather than entertainment.
The first XFL folded just after one season when it couldn’t gain traction after relying more on the entertainment side and tricks like scrambling for the ball at tossup, for instance, or the $1 million bonus during the championship game, or the gaudy cheerleaders.
McMahon said that he will be the sole financier of the XFL—through Alpha Entertainment—because he always wanted to finish what he started back in 2001. That time, he partnered with NBC, which folded under pressure.
“A chance to do it with no partners, strictly funded by me, which would allow me to look in the mirror and say, ‘You were the one who screwed this up,’ or ‘You made this thing a success,'” he told ESPN.
According to the report, McMahon will spend about $100 million for the initial season, which will have eight teams that will tour around the country on a schedule that will run 10 weeks.
The showman is estimated to be worth $1.62 billion so he could probably take the hit for a few seasons, or until he proves that the XFL is a good alternative to the NFL, and not just a mini-developmental league that attracts has-beens and those who couldn’t make the cut in the big leagues.
Unlike in the NFL, the XFL team will only have 40 players on its roster. McMachon also wants a much faster pace for each match instead of the more than three hours played during an NFL match. He also won’t be the face of the XFL unlike in the first one.
The new XFL will kick off in 2020 and quite frankly, we’re going to give the game of football back to fans,” he said. “It’s still football, but it’s football re-imagined.”