Vince McMahon Makes $100 Million Power Move As Rumors Swirl He’s Going To War Against The NFL

The NFL has been on the losing end of the culture war since players from around the league began kneeling during the National Anthem. Started by former San Francisco 49ers quarterback Colin Kaepernick, the ill-placed form of protest has led to failing stadium attendance, lackluster ratings and the scorn of the most powerful in the world — President Donald Trump. 

Like any good entrepreneur, WWE boss Vince McMahon may see an opportunity to capitalize on the credibility crisis plaguing the NFL.

Breitbart News reports:


McMahon has established a new company, separate from the WWE, called Alpha Entertainment. On December 16th, Alpha Entertainment filed for five new trademarks related to the XFL, the title of McMahon’s football league that he founded in 2001.

According to ESPN’s Darren Rovell, “The filings seek to trademark the XFL as a professional football league and also cover merchandise related to the league. Previous XFL trademarks were abandoned over a period of time from 2002 to ’05.”

Moreover, McMahon has backed this effort with significant amounts of cash. Rovell also reported that McMahon sold 3.34 million in WWE stock worth about $100 million. The money from those stock sales will go to fund Alpha Entertainment.

However, McMahon has been coy about his plans.

“A WWE spokesperson issued the attached statement to me & @Deadspin in response to my inquiry about tonight’s rumors of a soon to be announced XFL revival. They declined further comment. Whatever Vince McMahon’s “Alpha Entertainment” is, it’s self-funded & separate from WWE,” tweeted Deadspin reporter David Bixenspan.

“Worth noting that the Alpha Entertainment statement came in response to me asking WWE to “confirm or deny” the XFL relaunch rumor,” added Bixenspan.

Linda McMahon who oversaw the WWE empire with her husband, donated $7 million to pro-Trump super PACs.

Ms. McMahon was later selected to run the Small Business Administration.

You Might Like