Earlier this month, reports came out that the reboot of the much-anticipated XFL informed player agents that its average player salary will be just $55,00, which is currently lower than what players make in the Canadian Football League.
Darren Rovell of Action Network reported the guaranteed pay on a standard XFL contract is $1,040 per week, while the maximum amount each week is $4,947.
Via PFT:
“The memo states that players who are drafted and retained by XFL teams will become full-time employees as of December 4, 2019, and if they remain on a roster they will remain employed through May 31, 2020. Between the base salary, a bonus for being active on game days and a bonus for being on the winning team, the average player will make $55,000 a year.”
Players seemed to be fine with it as long as they got a shot to show what they can do on the field and possibly get a shot at getting into the NFL.
Former Tennessee Vols defensive end Corey Vereen was drafted in the 8th round by the Los Angeles Wildcats this month, but he and his agent would later find out that the base salary that was widely reported through multiple outlets was actually not true and much lower than expected.
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Vereen decided not to take his talents to the XFL in a released statement on Twitter:
The original XFL, which only lasted for one season in 2001, paid players an average of $45,000 for a 10-week schedule. WWE Chairman Vince McMahon announced in January 2018 that he planned to re-launch it in 2020 with eight teams of 40-man rosters playing a 10-game schedule.
Only time will tell how many players will drop out of the league upon finding out their salary is lower than expected.
