Rumors that Vince McMahon is looking to revive the XFL are gaining more momentum.

The WWE revealed to the Securities and Exchange Commission on Thursday that McMahon has sold about $100 million worth of stock "primarily to fund a separate entity from the Company, Alpha Entertainment LLC, which Mr. McMahon established to explore investment opportunities across the sports and entertainment landscapes, including professional football."

The XFL debuted and folded after one season in 2001.