axios.com said:The merger would be structured as a merger of equals and would require regulatory approval, one of the sources said. The leagues hope to combine before the 2024 seasons.
- Fox Corp. owns the USFL, while the XFL is owned by Dwayne "The Rock" Johnson, his business partner Dany Garcia, and RedBird Capital Partners.
- Game broadcasts of the combined league are likely to be split between Fox and XFL media partner Disney, according to the source. The USFL also has a broadcast agreement with NBC, although it's not yet been determined if that will continue.
- An announcement of the deal could come as early as this week.
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