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News on How Much Money Vince McMahon Used to Start up The XFL

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Last month, The Athletic had published an article saying that XFL creditors believed that XFL founder Vince McMahon was attempting to buy back the league at a “fire-sale price.” This comes after he decided to declare bankruptcy with the league. 

McMahon reportedly claimed in a deposition that he will not bid on the bankrupt football league.

Dave Meltzer reported in the latest edition of the Wrestling Observer Newsletter that with all the costs involved with starting up the organization, McMahon actually spent around $200 million.

That money came from what was originally believed to be $500 million set aside for three seasons. 

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