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Shortly after the press conference was announced, CBS reported that McMahon will announce later today that the XFL is indeed coming back in 2020.
While the return of the XFL will be made official Thursday, CBS Sports has also learned that the league is not expected to start up again until 2020. McMahon, who rushed the original XFL into existence without so much as a full slate of offseason practices to prepare for the league's inaugural year, has apparently learned his lesson from one of the XFL's biggest initial mistakes.
One distinction from the XFL 1.0, CBS notes, is that McMahon is doing this on his own, not as a WWE venture. He reportedly sold $100 million of his WWE stock to fund Alpha Entertainment.
The new league's distribution package will be key here, and it's not likely that NBC is signing up for a 50 percent ownership stake this time around.
And while it seems McMahon has learned from his business mistakes this time around, it will be interesting to see if he recognizes the football-related opportunity he missed in the XFL's first life. The public's attitude to football is different in 2018 than it was in 2001, so McMahon will have to change the product to match that.

http://footballscoop.com/news/sounds-like-vince-mcmahon-bringing-xfl-back/