XFL chief executive Russ Brandon will serve as
the leading executive of the new venture, according to a report
on Thursday in Sports Business Journal.
"We are pleased to have completed the antitrust review process
in connection with the proposed merger of the XFL and USFL and
intend to play a combined season this spring kicking off on
Saturday, March 30," the two leagues said in a statement. "We
are now finalizing terms of the definitive agreement and will
share more about this new League in the coming weeks."
It is not yet known how many teams will participate in the joint
format. Each league had eight teams in 2023.
Other details including the league's name, broadcast rights and
player contract terms are still being negotiated.
The XFL and USFL announced plans to merge in September. The USFL
re-launched in 2021 and is owned by Fox Sports. The XFL returned
in 2022, owned by Dwayne "The Rock" Johnson and business partner
Dany Garcia.
--Field Level Media
[© 2023 Thomson Reuters. All rights
reserved.]
This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content. |
|