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NFL

Vince McMahon Sells $100M Worth Of WWE Shares, Eyeing Return To Professional Football

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WWE Chairman & CEO Vince McMahon has been the subject of rumors that indicate that the sports entertainment pioneer is going to try his hand at professional football again.

McMahon recently sold 3.34 million shares of World Wrestling Entertainment (WWE), equaling about $100 million, filed with the U.S. Securities and Exchange Commission (h/t ESPN).

The filing notes that, “primarily to fund a separate entity from the Company, Alpha Entertainment LLC, which Mr. McMahon established to explore investment opportunities across the sports and entertainment landscapes, including professional football.”

Additionally, Alpha Entertainment, which was founded by McMahon back in September of this year, filed for five trademarks to the XFL back on December 16th and also sought to trademark “URFL.”

The filings seek to trademark the XFL as a professional football league and also cover XFL related merchandise.

The XFL, which was a collaboration between WWE and NBC, debuted in 2001 and only lasted one season but is still discussed today due to it’s unique nuances and deviation from traditional NFL football.

All signs point to McMahon giving the XFL another run, or establishing a new league. Regardless, McMahon is eyeing a return to the professional football landscape.

Rumors have circulated that a formal announcement related to the XFL and/or McMahon’s professional football plans may take place January 25th, 2018.

With player protests and a watered down NFL product, an XFL revival may be what football fans need and what the NFL needs to improve the sport as a whole.

Additionally, McMahon may be on to another revolutionary step as his ‘WWE Network’ has proven that he can find success in a subscription-based video streaming service market.

Doing something similar to ‘WWE Network”, but solely dedicated to McMahon’s professional football venture(s) could be both revolutionary and massively successful.

Even the thought of airing games on ‘WWE Network’ could be a stroke of genius for both the network and the potential new league.

 

 

 

 

Anthony DiMoro is the creator of Sports Rants and the CEO of Elite Rank Media and DiMoro Enterprises LLC. He is a former Contributor for Forbes and the Huffington Post where he covered sports, social media, and SEO. Anthony hosts the Anthony DiMoro Show podcast, and formerly hosted the 'Forbes SportsMoney Podcast'.

NEWS

Raiders’ Antonio Brown Settles Lawsuit

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New Oakland Raiders wide receiver Antonio Brown, who was acquired via trade from the Pittsburgh Steelers earlier this offseason, has struck a settlement with a man, Ophir Sternberg, that claimed that he nearly killed a toddle by throwing furniture off of a Miami apartment building balcony, according to TMZ.

In the lawsuit, Sternberg claims his 22-month-old son was walking around the pool at the high-end apartment complex back in April 2018 when suddenly “large objects started to fall from the building many floors above them.”

Sternberg claimed that Brown tossed everything from vases, an ottoman, and other pieces of furniture from the balcony and they landed within feet of the toddler.

Brown had denied throwing the items, claiming that it was another person who had access to his apartment on that day.

Police responded to the scene and reported that Brown was “very agitated” and yelling when they arrived, noting that people have been trying to calm Brown down.

The terms of the settlement were not disclosed.

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NBA

Eagles’ Jalen Mills Arrested

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Philadelphia Eagles cornerback Jalen Mills was arrested in Washington D.C following an altercation with Washington Wizards player Devin Robinson, according to the Associated Press’ Howard Fendrich (via the Washington Post).

Both men were charged with disorderly affray, which is described as fighting in a public place.

According to the Washington Post’s Candace Buckner, a verbal altercation broke out between the two that escalated into a physical fight that took place on the sidewalk.

Robinson was transported to a hospital following the fight with Mills and upon his release he was taken to to department’s 2nd District station where Mills was detained.

Mills and Robinson were “involved in a verbal altercation which escalated into a physical altercation on the sidewalk adjacent to the Opera Night Club” in the early hours of Saturday morning, according to the police report.

Both teams have since responded, with the Wizards essentially parting ways with Robinson due to the incident.

“We are aware of the incident this morning involving Devin and are disappointed in his actions. We will not extend him a qualifying offer for the 2019-20 season,” the Wizards said in a statement.

The Eagles issued a statement saying that they are “aware of the situation” and “continuing to gather more information.”

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NEWS

Mike Tannenbaum Joins ESPN

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Following his run as Executive Vice President of Football Operations with the Miami Dolphins, and long-overdue dismissal following a disaster 2018 season, Mike Tannenbaum is joining ESPN, according to the Miami Herald’s Barry Jackson.

Tannenbaum will end up being ESPN’s replacement for Bill Polian, who retired from broadcasting to become a co-founder of the Alliance of American Football, which officially ended all operations last week.

Tannenbaum will make appearances on SportsCenter, NFL Live, and other ESPN productions in the build up to the NFL Draft and will also be a part of ESPN’s draft coverage during the 2019 NFL Draft.

At the end of the 2018 season, Tannenbaum was “reassigned” within the Dolphins organization, although no details were provided at the time and no information regarding his re-assignment have been made public since.

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