Vince McMahon intends to make the XFL the premier football league in the country, and to do so he will be investing quite a lot. Many people remember that Vince sold a $100 Million of his stock in WWE to begin funding the league but as it turns out that was only the beginning. In an interview with ESPN, Oliver Luck, newly appointed league CEO said the following:
People were focused on the $100 million, but the truth is that doesn’t even get us to the 20-yard line.
The biggest costs will be player and coach salaries with Luck going on to say that the average salary will be around $75,000, an increase of about $30,000 from the original league in 2001. It has also been revealed that even before announcing the relaunch of the XFL, Vince McMahon secured insurance for the players. While no details have been revealed about how much coverage the league will have it was said that insurance premiums will cost around $10 Million a year.
RELATED: WWE Recaps ‘For Your Consideration’ Red Carpet Event; Are They Campaigning For An Emmy?
WWE For Your Consideration Triple H Stephanie Jimmy Uso Naomi Braun Charlotte Sasha
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WWE For Your Consideration Red Carpet
Wrestlers Kofi Kingston (L), Big E (C) and Xavier Woods (R) of "The New Day" arrive at the first-ever WWE Emmy For Your Consideration event at the TV Academy Saban Media Center, in North Hollywood (near Los Angeles), on June 6, 2018 (Photo by VALERIE MACON / AFP) (Photo credit should read VALERIE MACON/AFP/Getty Images)
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WWE For Your Consideration Red Carpet
Wrestler Paul "Triple H" Levesque arrives at the first-ever WWE Emmy For Your Consideration event at the TV Academy Saban Media Center, in North Hollywood (near Los Angeles), on June 6, 2018 (Photo by VALERIE MACON / AFP) (Photo credit should read VALERIE MACON/AFP/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Jimmy Uso attends WWE's first-ever Emmy "For Your Consideration" event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Brie Bella and Nikki Bella attend WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Sasha Banks attends WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Braun Strowman attends WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Sasha Banks attends WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Paul "Triple H" Levesque and Stephanie McMahon attend WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Shawn Michaels attends WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Ronda Rousey and Shawn Michaels attend WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Brie Bella and Nikki Bella attend WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Brie Bella attends WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Brie Bella and Nikki Bella attend WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Brie Bella and Nikki Bella attend WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Jon Kopaloff/Getty Images)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Ronda Rousey arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Ronda Rousey arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Shawn Michaels arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Ronda Rousey arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Ronda Rousey, Shawn Michaels arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Nia Jax arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Seth Green arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Alexa Bliss arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Braun Strowman arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Braun Strowman arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Nikki Bella arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Roman Reigns arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Triple H arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Triple H arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Triple H arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Charlotte Flair arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Charlotte Flair;Triple H arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Triple H, Stephanie McMahon arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Triple H, Stephanie McMahon arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Stephanie McMahon arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Naomi arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Jimmy Uso arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Jimmy Uso, Naomi arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Jimmy Uso, Naomi arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
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WWE For Your Consideration Red Carpet
NORTH HOLLYWOOD, CA - JUNE 06: Kofi Kingston, Big E, Xavier Woods arrives at the WWE's First-Ever Emmy "For Your Consideration" Event at Saban Media Center on June 6, 2018 in North Hollywood, California. (Photo by Steve Granitz/WireImage)
