World Wrestling Federation
Entertainment, Inc. announces the formation of the XFL - a new
professional football league
STAMFORD, CT (February 3, 2000) - World Wrestling Federation
Entertainment, Inc. (NMS: WWFE) announced today the formation
of the XFL - a new professional football league that is scheduled
to kickoff in February 2001.
The inaugural season is expected to feature a ten-game regular
schedule played at major stadiums in each city, and will conclude
with a four-team playoff, and a Championship game at a neutral
site. Through subtle rule changes designed to enhance the action
and speed of the game, along with technical innovations that will
bring fans inside huddles and on to the sidelines, the XFL is
designed to accentuate the action that football fans crave.
"The appetite for professional football continues long past the
Super Bowl," said Vince McMahon, Chairman of World Wrestling Federation
Entertainment, Inc. "The XFL is more than just an extension of
the football season, it is a completely new product that not only
fills a void for football fans, but will give the casual fan an
all-access pass to a football experience unlike any other to date.
The action will feature the best football players available and
will be highly competitive, hard-hitting, and most importantly,
fan friendly. Guaranteed."
World Wrestling Federation Entertainment Inc. has built a highly
qualified team to launch the XFL. Similar to his past role with
the World Wrestling Federation, Basil DeVito, President of New
Business Development at World Wrestling Federation Entertainment
Inc. will oversee the day-to-day operations of the XFL. His new
role will utilize his extensive television syndication, advertising,
sponsorship, public relations, live event sales and pay-per-view
experience. Michael Keller, a former senior executive with the
start-up USFL Michigan Panthers, start-up World League of American
Football, and assistant General Manager with the NFL's Seattle
Seahawks, as well as a former linebacker for the Dallas Cowboys,
will serve as the XFL's Vice President of Football Operations.
While World Wrestling Federation Entertainment, Inc. expects to
announce broadcast and cable television contracts at a later date,
the XFL has already retained Michael Weisman, a highly respected,
award-winning producer whose credits include seven Super Bowls
as a broadcast production consultant.
"The XFL will attract the entire football-viewing demographic,
strengthened by our unique understanding of the young, adult male
audience. That, combined with our extensive experience filling
venues and executing live events will help lead to the success
of the XFL," McMahon added.