Oliver Luck's XFL Commissioner Contract Reportedly May Be Worth $20M Guaranteed

New XFL commissioner Oliver Luck is reportedly set to make at least $20 million in his new role—and stands to make more if the league succeeds.

Michael Smith of the Sports Business Journal reported the Vince McMahon-backed venture could hand Luck up to $30 million guaranteed.

Luck previously worked in the NCAA office as the executive vice president for regulatory affairs.

"My decision to leave really doesn't indicate any displeasure with the NCAA," Luck told CBS Sports' Dennis Dodd. "I love college athletics. I'm a big believer in that. This was just a really neat opportunity. It's kind of sunk in how often does one get the opportunity to build from scratch an organization. It is a very daunting challenge. You only live once. Vince is a guy who on the surface may not have a lot in common. … I'm not sure we're not all that different."

McMahon, who is the chairman of WWE, announced the rebirth of the XFL in January. The league originated in 2001 as a more "extreme" version of football but failed after only one season due to multiple factors. An ESPN 30 for 30 film was released about the XFL's failure in 2017.

McMahon has said the league plans to begin play in 2020 but does not have a broadcast partner. The current proposal would see the XFL reopen its doors with eight teams and would not feature the same "extreme" type of sports-entertainment rules as its predecessor.

No broadcast partner has been named for the venture. The XFL has also not reached a deal with any city regarding a potential team.