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Vince McMahon Was Reportedly In Talks To Sell The XFL Name

According to a report from Sports Business Reporter Darren Rovell, WWE Chairman & CEO Vince McMahon was reportedly in talks to sell The XFL Name for $50 Million. Rovell also said that a lawsuit was recently filed against The Alliance Of American Football & Charlie Ebersol by Robert Vanech, who alleges that it was his idea to come up with the league and that he is entitled to 50% of the ownership, with many of the ideas he had for the league now being credited to others.

In the lawsuit, Vanech alleges that he came up with The AAF and because of that, he is entitled to 50% of the ownership. The lawsuit filing also reveals that the original plan was for The AAF to bring back The XFL Name for their new football league. They reportedly had talks with WWE Chairman & CEO Vince McMahon to use The XFL Name and purchase assets from WWE & NBC for $50 Million. AAF Officials reportedly met with Vince and that is when Vince decided to bring back The XFL on his own.

Below is what Sports Business Reporter Darren Rovell wrote:

“Charlie Ebersol and the new football league, the AAF, have been sued by Robert Vanech, who said it was his idea to come up with league and was entitled to 50% ownership. Vanech says agreement with Ebersol was ignored, seeks $$ and wants his name part of its history. In lawsuit against AAF and Charlie Ebersol, Robert Vanech — who believed he had a “handshake agreement with Ebersol” said much of what he founded about the league was later credited to partner Bill Polian. Exhibit in lawsuit shows that AAF originally planned to use XFL name & purchase assets from WWE & NBC for $50M. AAF met with Vince McMahon and he decided to start league on his own.”

It was also said that it is unsure at the moment if Vince McMahon had been thinking about bringing The XFL back before the talks with The AAF Officials took place. Charlie Ebersol, The Son Of Legendary NBC Sports Executive Dick Ebersol, served as The Director for The ESPN 30 For 30 Documentary Special, which has often been cited as the cause for the launch of The AAF & The Revamped XFL. The XFL is set to re-launch in 2020 on Saturday, February 8th & Sunday, February 9th, the weekend following The NFL’s Super Bowl.

Below are the tweets sent out by Sports Business Reporter Darren Rovell:

Now the story of the Re-launching of the XFL has come full circle. Vince was told by Charlie Ebersol and others what a great and profitable thing bring back the XFL would be. They were also willing to pay him $50 million for it.

Vince figured why sell it when he can bring it back himself. That’s why Charlie Ebersol started off the AAF and Vince quickly out of the blue had a press conference announcing the return of the XFL. Stay tuned to XFL News Hub for more on this revealing story.

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