A quanto pare ha chiuso per sempre, ma il tweet che ne parla non è molto chiaro:
Bye bye XFL
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Eric Bishoff
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BuddyPeacock
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Re: Bye bye XFL
Considerato quanto si sente ancora giovane VinnieMac, chissà se ci riproverà la prossima decade. Magari la terza volta è quella buona...
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Uocciaganadu
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Re: Bye bye XFL
Se ricordo bene i podcast di Meltzer stavano pure andando piuttosto bene, tipo ricordo che il classico crollo della seconda settimana non c'era stato.
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PuroIndyLove
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Joy Black
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Re: Bye bye XFL
Se ricordo bene loro avevano un accordo simile alla AEW con TNT all'inizio, praticamente prendevano poco e nulla nella speranza che poi gli ascolti fossero soddisfacenti (sui vari network) - quindi perde soldi i primi tempi e poi recuperarli dopo. Alla AEW è andata bene subito dopo 3 mesi li hanno rinnovati per 3 anni + 1. la XFL non sappiamo come sarebbe andata, gli ascolti parevano buoni (non eccezionali, ma comunque potevano strappare un accordo), però con il Coronavirus e la fine della stagione, tutto è andato a ramengo.
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Darth_Dario
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Re: Bye bye XFL
E a quanto pare i soldi non erano i suoi come promesso, ma c'è anche un investimento della WWE.
Bruceranno.
Bruceranno.
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Joy Black
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Re: Bye bye XFL
The XFL filed for Chapter 11 bankruptcy on Monday, according to documents obtained by The Action Network.
The league fired all of its employees without severance on Friday after having to cancel the remainder of its inaugural season due to the coronavirus.
Sources said that Vince McMahon, the owner of the XFL and the chairman/CEO of the WWE, decided to pull the plug on the league after talking with the WWE board.
Creditors mentioned in the filing include the XFL’s first batch of head coaches — the Dallas Renegades’ Bob Stoops ($1.083 million), the Tampa Bay Vipers’ Marc Trestman ($777,777), the St. Louis BattleHawks’ Jonathan Hayes ($633,333) and others ($583,333 each) — and the owners of stadium leases, including the St. Louis Sports Commission, which is the XFL’s No. 1 creditor ($1.6 million owed), and the New Meadowlands Stadium Company, owners of MetLife Stadium ($368,000).
Other creditors include the official hat partner 47 Brand ($846,000), the league’s ticket partner Ticketmaster ($655,148), and BigGame USA ($217,000), the company that made the league’s ball.
No XFL executives appear as creditors within the filing, including former commissioner Oliver Luck, who was reportedly guaranteed $20 million with his deal.
The XFL got off to a hot start from a viewership perspective, drawing 3.12 million viewers in Week 1. By the time Week 5 rolled around, that number had been cut in half. Still, there were signs of life. The St. Louis BattleHawks had reportedly sold 45,000 tickets to their next game before the league shut down due to the coronavirus outbreak.
McMahon had spent plenty of time telling anyone who would listen that the XFL was solely funded by him and had nothing to do with the WWE. He had publicly pledged to back his second attempt at an upstart football league with own cash, upwards of $500 million, using with the same name as the failed joint venture he had with NBC in 2001.
But Monday’s filing noted that the WWE owned 23.5% of the XFL’s Class B shares.
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It appears as though the WWE never disclosed its interest in the XFL’s parent company, Alpha Entertainment, which would not only give credence to recent lawsuits that have popped up but also could draw the ire of the Security and Exchange Commission. The SEC would usually require disclosure of relevant business and financial information for investors, and it might consider McMahon’s public stance that he owned the XFL in totality inaccurate and misleading.
Sources tell The Action Network that although Alpha Entertainment’s offices were a stone’s throw from the WWE’s headquarters in Stamford, Conn., there was frequent traffic between the two buildings, and it was known among both companies that certain employees were essentially working two full-time jobs, one for the wrestling organization and one for the football league.
As the WWE stock plummeted 42% year-to-date (the S&P 500 has decreased 14.6% over the same timeframe), pressure was being put on McMahon both internally at the WWE and externally from shareholders. And while McMahon re-did his WWE employment agreement in July 2018 to say that any work on the XFL would not be a conflict of interest, WWE investors reasoned that any devotion of time was a risk to their investment, as the No. 1 material risk to the WWE stock is the absence of Vince McMahon.
That risk refers to McMahon leaving or passing away, but in this case, investors saw any diversion of his attention as a risk.
In December, the Oklahoma Firefighters Pension Fund filed a class-action lawsuit with other WWE shareholders against McMahon, claiming that he and the attention and work of other WWE senior executives were diverted to help the XFL, which launched its season in the first week of February.
It also accused McMahon of selling the intellectual property of the old XFL to himself for $1 million, when the open market value was closer to $50 million.
The case was dismissed by the plaintiff’s after their lawyer filed a voluntary dismissal to the court on March 10. It is not known if there was a settlement, but a move like that is often an indication of such.
Other lawsuits have since been filed.
Eighteen months ago, McMahon was worth $3.3 billion, according to Forbes. He’s worth roughly half of that now — $1.9 billion, according to the magazine.
https://www.actionnetwork.com/xfl/xfl-b ... ren-rovell
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ChernyVolk
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Jeff Hardy 18
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Re: Bye bye XFL
Questa volta non è colpa loro bisogna dire.ChernyVolk ha scritto: ↑14/04/2020, 8:45 Ma ma....
Davvero Vinnie, dopo la prima batosta non hai imparato la lezione?
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Joy Black
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Re: Bye bye XFL
Vince McMahon’s XFL league is now up for sale.
As noted earlier today at this link, the league officially filed for bankruptcy in Delaware after the coronavirus pandemic forced the end of the season after just 5 games, and put an end to any plans for the future.
The Hollywood Reporter now reports that the league wants to maximize the value of its assets in order to pay creditors, so they have started the process of seeking a buyer.
The bankruptcy filing noted that the league has between $10 million and $50 million in liabilities and the same in assets. They owe more than $14 million to its 25 largest unsecured creditors, including 7 of their 8 head coaches.
Vince controls all Class A shares in the XFL, while WWE has 23.5% of Class B shares, according to the filing. You can see the full Chapter 11 filing at this link.
LOP
