WWE CEO Vince McMahon sells $100M worth of shares

WWE Chairman and Chief Executive Officer Vince McMahon. (Jessica Hill/AP)

Are we about to be presented with the XFL 2.0?

World Wrestling Entertainment chairman and CEO Vince McMahon has filed to sell $100 million worth of shares in the company, according to ESPN’s Darren Rovell.

McMahon’s intentions with the money are “primarily to fund a separate entity from the Company, Alpha Entertainment LLC, which Mr. McMahon established to explore investment opportunities across the sports and entertainment landscapes, including professional football.”

Fans of the original XFL will be giddy with the news that McMahon has also filed for five trademarks.

A joint venture from the then-WWF and NBC, the XFL ran for one season in 2001, losing a reported $70 million.

While we wait for further developments, take a look back at some of the XFL’s biggest hits from that one bone-crunching year.

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