By Jason Powell, Prowrestling.net Editor (@prowrestlingnet)
Vince McMahon is expected to spend $500 million on his new football league over the first three seasons. Oliver Luck told ESPN that the $100 million investment McMahon made is just the beginning. “People were focused on the $100 million, but the truth is that doesn’t even get us to the 20-yard line,” Luck said. The XFL CEO and Commissioner added that the biggest costs will be salaries for coaches and players, and player insurance. Read the full article at ESPN.com.
Powell’s POV: The only way I see the XFL being financially successful is if Vince can find a lucrative television and/or online streaming distribution deal. WWE is cashing in on the demand for live sports programming with their new television deals and perhaps McMahon has some assurance that the XFL can do the same. Of course, the league also faces the challenge of the rival Alliance of American Football, which is getting a one-year head start on the XFL.
The new edition of the Pro Wrestling Boom Podcast with Jason Powell and guest Colt Cabana on his role in ROH, the state of the independent wrestling scene, the future of his podcast, the ROH Global Wars tour, the new ROH television format, Starrcast III, and much more...