Sports Illustrated reports:
Charlie Ebersol, the son of longtime NBC Sports executive Dick Ebersol and director of the 30 for 30 documentary about the original XFL his father created with WWE’s Vince McMahon, announced Tuesday that he plans to launch a football league next February.
The league is called the Alliance of American Football and will feature eight 50-man teams playing a 10-game schedule that begins on February 9, the Saturday after next year’s Super Bowl. Funding for the league comes from the Peter Thiel-led Founder’s Fund, Barstool Sports investors the Chernin Group, former Vikings pass rusher Jared Allen and others.
The league is hoping to draw talent from the wealth of high-level college players who don’t make the NFL. Teams will have the right to draft players who played college football in their local market, similar to the territorial pick system that existed in the early days of the NBA.