We’ve noted how Lucha Underground will begin filming soon to return to the El Rey Network in January 2016.

Bryan Alvarez noted on Wrestling Observer Live today that he heard a rumor of Lucha Underground receiving a “big influx of cash” and that they would be taping season 2 and season 3 at the same time.

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“Dr. Lucha” Steve Sims, who was Alvarez’s guest, said he could not confirm the rumor but that appears to be the case. Sims said he has heard a lot of good news and people in the promotion are very excited about how things are going. He didn’t expect a third season to come because of finances but apparently it’s happening.

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The deal for seasons 2 and 3 may see the promotion receive a little less per season than before, around $3 million. It was reported back in September that the budget for each episode for season 2 would be decreased from last season’s $400,000 per episode and that the changes made due to the budget cut would not be noticeable.

Production is scheduled to pick back up in the next few weeks. Apparently there are also rumors of the show having more of a “space alien theme” with more dramatics.

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