Here is all you need to know about who owns the XFL league as the XFL 2023 season starts along with the owners name and structure
Following the conclusion of the NFL season with the Super Bowl 2023 where the Kansas City Chiefs overthrew the Philadelphia Eagles, it’s time for another football league.
Return of the XFL. The league has returned with a 10-week regular season and two weeks of playoffs in 2023, three years after the 2020 iteration was forced to end after five games due to COVID-19.
The XFL is more of an investment than it is a league, and it is quite valuable. A small group of investors banded together in 2020 to purchase the XFL’s rights just as the league was on the verge of extinction.
Who are the owners of the XFL league, ownership structure and net worth in 2023
The XFL first appeared in 1999 as a formidable rival to the NFL, but everything fell apart following the league’s first season in 2001 when it halted operations due to financial issues.
Vince McMahon, the creator of the WWE, was one of the men behind the XFL at the start of the twenty-first century, and the original concept was considerably different from what the XFL is now.
After nearly 20 years away from the spotlight, the XFL attempted to resurrect itself in 2020. However, what the new owners did not anticipate was that the league would be severely impacted by the global Covid-19 pandemic.
DC fans had their beer snakes taken away by stadium security so they started rocketing lemons onto the field.
XFL BABY. THIS LEAGUE FUCKS. pic.twitter.com/PqyaoYTJ3h
— Barstool Sports (@barstoolsports) February 20, 2023
Who owns the XFL?
The XFL is now owned by Dwayne Johnson, Dany Garcia, and Gerry Cardinale (via RedBird Capital Partners fund). They paid $15,000,000 million for the league in 2020.
When will the XFL 2023 commence?
The league was initially scheduled to return in 2022, but after numerous statements and rumours, the season’s opening date was announced as February 18, 2023.
The start of the regular season was February 18, 2023. On June 18, 2022, a player combine was held, the 2023 XFL Draft took place from November 15 to 17, and training camps started on January 8, 2023.
Where to watch the XFL 2023? Live broadcast and telecast channels
Five TV channels throughout the nation will carry all XFL games: ABC, ESPN, ESPN2, ESPN+, and FX. The games will also be streamed live on FuboTV (7-day free trial).