If a team refuses, commissioner Rozelle decided the compensation.
So is it time for a new football league to pop up and challenge it? Remember "He Hate Me? McMahon established to explore investment opportunities across the sports and entertainment landscapes, including professional football.
But it would be very interesting to see if McMahon thinks he can make another go at it with a football league.
The league had eight teams and played during the late winter and spring after the NFL season ended. It was hyped as a more "extreme" version of football.
There were no fair catches. Extra points after touchdowns were scrapped in favor of two-point run or pass attempts. Players had to run out of the end zone following a kickoff instead of being allowed to take a knee. There was a lot of hype surrounding the XFL when it launched, but it quickly fizzled.
So it's interesting that McMahon may be considering another run for gridiron glory. At first blush, a new football league could capitalize on the sagging interest in the NFL -- especially if there were more new rules aimed at boosting scoring and making the game faster and more fun.
Would President Trump, who has criticized the NFL after players protested the national anthem, seize on the opportunity to further attack it by endorsing a new rival run by the husband of one of his Cabinet members?
But do sports fans really want another pro football league? For all the talk about how the national anthem controversy and a barrage of tweets by Trump may be to blame for the NFL's tough stretch, the reality is that a rash of injuries to star players may be hurting the league more than a boycott by patriotic fans.
The NFL has a huge problem with concussions and other serious injuries. Several former players have been diagnosed with chronic traumatic encephalopathy CTEa severe, degenerative brain disease, after they retired. Some have committed suicide. NFL Commissioner Roger Goodell says players aren't trying to be 'disrespectful' It's hard to imagine how another football league could avoid these problems.
It's a game where large men hit other large men very hard at high speed. Would a new XFL be able to make football both safer and more exciting? So investors will just have to wait and see what McMahon has up his sleeve.
Wall Street didn't seem to like the stock sale though. A downgrade of the stock by an analyst at Citigroup didn't help either.
McMahon remains the largest shareholder of WWE as well.XFL: Excitement or Excuse Football is something as American as apple pie. It is thought of as gritty, physical, and all around fun just as most Americans like to be thought of.
For decades the NFL has dominated the world of football. The XFL, a short-lived football league that sought to fuse the sport with the over-the-top theatrics of pro wrestling, will return to the gridiron in , World Wrestling Entertainment founder.
Dec 22, · So will McMahon look to recreate the XFL, a league that lasted all of one year in ? A spokesman for WWE had no comment beyond what was in the SEC filing.
Jan 29, · During a video press conference, the outspoken WWE chairmen noted that the new XFL is set to focus on what many football fans want, from fewer commercials to shorter games. The league will own the eight teams. New-look XFL. The original XFL was founded by the wrestling company and jointly owned by NBC, and opened to massive TV ratings.
With the XFL officially returning, Vince McMahon wants a fresh start for his professional football league. That means none of the original teams from the league's season will be back.
That means none of the original teams from the league's season will be back.