Chairman and CEO of World Wrestling Entertainment Vince McMahon is planning to take another crack at creating a football league to rival the NFL, after the previous failure of his XFL venture back in 2001.

According to ESPN, he recently filed details with the U.S. Securities and Exchange Commission selling more than $100 million worth of WWE stock to help fund his new company, Alpha Entertainment LLC.

In addition, Alpha has already filed for five trademarks related to the XFL on December 16, according to records with the U.S. Trademark and Patent Office. The filings seek to trademark the XFL as a professional football league and also cover merchandise related to the league. Furthermore, the company sought to trademark “URFL.”

The original XFL, which was a partnership between WWE and NBC lasted for only one season in 2001, as both companies reportedly lost approximately $35 million each.

Stay tuned for more updates.

In related news, check out ESPN’s ’30 for 30′ on the XFL details when the lines blurred between football and wrestling.

  • Source: ESPN
  • Main / Featured Image:Vince McMahon / Ethan Miller / Getty
Words by Renz Ofiaza
Staff Writer

scribbling by day, architect by night

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