how much did vince buy wcw for
As a result, AOL Time Warner sold the copyrights to WCW's name to the WWF for $2.5 million, in 2001. Shortly after the purchase, Vince McMahon purchased the entire WCW videotape library for an additional $1.7 million, bringing the final tally of World Championship Wrestling's sale to $4.2 million. After the closure of WCW, two new wrestling promotions, World Wrestling All-Stars (WWA) and Xcitement Wrestling Federation (XWF), were formed in 2001.