There has been quite a bit of speculation when it comes to WWE Chairman and CEO Vince McMahon possibly starting another football league.
McMahon has already sold $100 million in WWE stock and just started a new company by the name of Alpha Entertainment in September.
McMahon also recently filed a trademark for "XFL" and many other names that have to do with football. Of course he started the XFL in 2001, but it only lasted one season and lost $35 million.
It looks like we now we have an update on what's going on with McMahon and his trademark situation.
According to PWInsider, McMahon and his company VKM Ventures, have filed the trademark "UFL," but it has already been turned down, due to the fact that someone else has already submitted a trademark request under those initials.
The company that filed the UFL trademark is Urban Fitness League as they did so in January of 2017, and McMahon will have to wait until their application is final. Then VKM Ventures can make an argument as to why their company won't conflict with Urban Fitness League.
One problem that McMahon could face is the fact that there was a football league called the United Football League and they currently own the trademark for "United Football League." But they haven't been in operation since October of 2012, even though they own the trademark. So who knows what would happen if he attempted to own that trademark.
When it comes to the XFL trademark, there won't be any possibly update until March 16th of 2018 since there's a three month waiting period.
Until McMahon can get the trademarks worked out, he's not going to be able to do much when it comes to developing a new football league until he knows what the name of the league will be.
If the Urban Fitness League has been waiting almost a year for their trademark to become official, McMahon will likely have to wait around the same amount of time. So he may not be able to announce his new league until 2019 or later.
Comment below and tell us whether you think McMahon is doing the right thing by starting another football league. Will it be a success?