Quote:
Originally Posted by Droford
As for the point about making Vince money, he's expecting to lose $500 million in the first 3 years, so I doubt he'll make money off it in his lifetime.
Vince's $500 million is the main advantage the XFL has over every other startup league.
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Well, he said he expects to put $500 million into it. They are making money, not profit at this point, but they are selling merc h. They did draw over 60,000 people over the 4 games, so they are getting something back.
The long term plan would be to get through 3 years and then get big money tv deals once it's a proven value.
Once that happens Vince could even think about selling majority ownership of each team for probably $150-$200 million each based on the tv deals, and still be a minority owner to keep earning funds on the back end.
Vince loves money lol