Field Level Media
20 Sep 2023, 00:55 GMT+10
(Photo credit: Raymond Carlin III-USA TODAY Sports)
Talks between the USFL and XFL geared toward combining to form a single spring football league are advancing, according to multiple reports.
Sportico and Axios independently reported on the progress of talks on Tuesday, with regulatory approval and combining of stakeholders among the remaining hurdles the sides would need to clear.
The USFL is owned by Fox Corporation and had a broadcast agreement that included NBC.
Dwayne "The Rock" Johnson, business partner Dany Garcia and RedBird Capital Partner purchased the XFL out of bankruptcy proceedings from Vince McMahon, the former CEO of World Wrestling Entertainment.
Forbes reported the first year of the XFL reboot in spring 2023 lost $60 million.
Disney is the featured media partner of XFL games.
McMahon started the XFL in 2001, but the league was shuttered before 2002. He pulled all of the levers to bring it back in 2020 but those plans were ultimately derailed by the COVID-19 pandemic.
--Field Level Media
Get a daily dose of Philadelphia Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Philadelphia Herald.
More InformationWASHINGTON D.C.: U.S. Transportation Secretary Pete Buttigieg has criticized the air traffic control staffing shortages in New York as "unacceptable" ...
BURBANK, California: A note by Needham media analyst Laura Martin released this week revealed that CEO Bob Iger told investors ...
TOKYO, Japan: This week, Toshiba revealed that a tender offer worth US$14 billion from Japan Industrial Partners (JIP) was a ...
HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...
BEIJING, China: In a country where weddings are traditionally grand and expensive events, China's wedding industry, estimated at some US$500 ...
PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...
NEW YORK: On Tuesday, former U.S. Congressman Stephen Buyer was sentenced to 22 months in prison for trading on inside ...
NEW YORK: This week, the Virginia-based Students for Fair Admissions, founded by affirmative action opponent Edward Blum, sued the U.S. ...
LONDON, U.K.: Jet engine maker CFM International said this week that thousands of engine components may have been sold with ...
BATAM, Indonesia: Due to mounting geopolitical tensions and protests against China's activities in the South China Sea, ASEAN member nations ...
FREMONT, California: This week, brain-chip startup Neuralink, owned by billionaire Tesla CEO Elon Musk, said an independent review board granted ...
BOSTON, Massachusetts: Officials said that a Delta flight from Chicago to Boston that was possibly struck by lightning landed safely ...