NATIONWIDE — WWE’s Chairman and CEO Vince McMahon is making what the wrestling organization is calling a “major sports announcement” today at 2 p.m. CT.

McMahon’s announcement will be related to his investment company, Alpha Entertainment, and plans to start a pro football league, ESPN reporter Darren Rovell tweeted:

Adam Silverstein of CBSSports.com reports the league will be called the XFL and is not expected to start play until 2020.

This will be McMahon’s second attempt at pro football. XFL’s only season took place in 2001, when it debuted to big ratings that steadily declined.