On today’s WWE earnings call, WWE Chairman & CEO Vince McMahon addressed the relaunch of the XFL. He once again noted that his near-$100 million stock sale will not be enough to fund the league, and that the venture will require more investment capital. He also reiterated that the league will not affect his role in WWE, and that there will be a separate management team for it.
Despite Vince’s comments, Dave Meltzer reported in The Wrestling Observer Newsletter that the feeling is that Triple H will be given a lot more control in the company, simply because of the realistic demands in running both a pro wrestling company and a football league. Triple H has been putting his own team together, which includes Jeremy Borash, who left recently Impact Wrestling to come on board. Meltzer added that there have been others talked about recently to join his team to eventually fill key roles when he is in charge.
As noted, PWInsider reported this week that Vince recently stepped aside to put Triple H in charge of running 205 Live, which explains the different feel of the show the past couple of weeks. That change, however, was done more to reboot the brand as opposed to a workload issue with Vince. While the original Cruiserweight Classic concept, under Triple H, did very well on the WWE Network, 205 Live usually struggles to make the top 10 episodes of the week on the streaming service. Vince had been trying to make the show more character-driven, while Triple H is now bringing back some of the original aspects of the Cruiserweight Classic, including more of a focus on the in-ring work and the original presentation of the talent.