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BigBallChunkyTime posted:True, but I'm sad for all the players, coaches, etc who fully committed to the league to try to earn their way back/in to the NFL. On the positive side, it worked for quite a few of them, at least as far as predraft rosters are concerned. Pittsburgh alone picked up like six XFL players
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# ? Apr 13, 2020 20:49 |
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# ? May 30, 2024 14:11 |
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Sell it back to the people a la Green Bay. I’d buy an XFL ownership certificate for a buck.
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# ? Apr 13, 2020 20:50 |
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Watch Trump try and buy it.
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# ? Apr 13, 2020 20:56 |
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Shimrra Jamaane posted:Watch Trump try and buy it. I’m kinda surprised they didn’t put together a multi-billion dollar COVID-19 bailout package that Vince would dutifully donate to the appropriate Republicans.
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# ? Apr 13, 2020 21:00 |
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Let’s buy the XFL. Dana White will buy it and they’ll play in international waters.
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# ? Apr 13, 2020 21:01 |
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So what I'm taking from this is that the XFL was going to go the way of the AAF if there hadn't been a pandemic.
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# ? Apr 13, 2020 21:01 |
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Vincent Van Goatse posted:So what I'm taking from this is that the XFL was going to go the way of the AAF if there hadn't been a pandemic. I thought the whole thing was Vince had fully funded this thing for the season?
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# ? Apr 13, 2020 21:03 |
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Shimrra Jamaane posted:I thought the whole thing was Vince had fully funded this thing for the season? It's bankrupt, Austin! It was undercapitalized all along!
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# ? Apr 13, 2020 21:05 |
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Vincent Van Goatse posted:It's bankrupt, Austin! It was undercapitalized all along! I just assume he’s running a scam on the system now to save some money.
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# ? Apr 13, 2020 21:07 |
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Vincent Van Goatse posted:It's bankrupt, Austin! It was undercapitalized all along! bankrupt is more a state of mind than anything else, what's happened is it's become totally not worth it to NOT file for bankruptcy, considering they can't market their product and have no idea when they would be able to
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# ? Apr 13, 2020 21:08 |
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Shimrra Jamaane posted:I thought the whole thing was Vince had fully funded this thing for the season? That was before the WWE stock price tanked. The potential loss even if the XFL had eventually failed looked a lot more manageable when the shares were high off the back of the huge deals with Fox and NBCU, a lot less so now that reality has set in. And that was likely to have happened even if the pandemic hadn't happened, COVID just sped things along.
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# ? Apr 14, 2020 00:08 |
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Though Florida just got the WWE to be an essential business so he has money for bribes
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# ? Apr 14, 2020 01:24 |
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Chapter 11 is just a fancier way of burning down the building to collect the insurance money
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# ? Apr 14, 2020 01:55 |
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Even if he wanted to relaunch, he just hosed over a lot of people on money and they probably wouldn't work with him in the future https://411mania.com/wrestling/xfl-bankruptcy-filing-update-vince-mcmahon-money/ quote:Per Meltzer after speaking to sources in New York, Vince McMahon declaring bankruptcy for the XFL “in a sense” hurt his reputation because Meltzer’s sources know McMahon is worth “billions” and that he reportedly earmarked $300 million to spend on the XFL revival. Meltzer states that despite earmarking $300 million for the return of the XFL, McMahon did not end up spending that much on it. He added, “Essentially, he’s [Vince] screwing the people who he worked with: the coaches, the arenas, the stadiums I should say. A lot of the people he owed money to are the stadiums.”
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# ? Apr 14, 2020 20:14 |
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If he didn’t put 300 million in assets or cash into the xfl then how are you gonna rely on that lol
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# ? Apr 14, 2020 20:39 |
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Whoops, Bob Stoops is dumb as hell. Who could have guessed. Rangers Ballpark has nothing in it now, too. Good. gently caress them.
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# ? Apr 14, 2020 21:00 |
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golly gee Vince finagled his way through a deal so he'd wind up not taking the brunt of the losses? My goodness who'd have guessed he could have been that business savvy?
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# ? Apr 14, 2020 22:14 |
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I mean that's exactly how the AAF spun down too (well at least the XFL gave last paychecks) Bankruptcy and debt forgiveness for corporations, not for students
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# ? Apr 14, 2020 22:18 |
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So whatever happened to that AAF App?
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# ? Apr 14, 2020 23:18 |
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...? https://twitter.com/r_obhrai/status/1249777296384372736 https://twitter.com/WSJBankruptcy/status/1250794827932938242
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# ? Apr 16, 2020 16:17 |
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MorrisBae posted:Even if he wanted to relaunch, he just hosed over a lot of people on money and they probably wouldn't work with him in the future The Trump Method for business success: Pay No One
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# ? Apr 16, 2020 18:11 |
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The next owner of the XFL with his first public statement about all this:
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# ? Apr 16, 2020 19:23 |
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https://twitter.com/ourand_sbj/status/1251197609416556545?s=21
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# ? Apr 17, 2020 18:25 |
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Lol what a scum bag.
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# ? Apr 17, 2020 18:28 |
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Shimrra Jamaane posted:Lol what a scum bag.
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# ? Apr 17, 2020 18:35 |
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What are the odds that Vince is glad that the Pandemic gave him an excuse to bail out of the league and save him money in the long term?
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# ? Apr 17, 2020 18:37 |
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Shinjobi posted:Whoops, Bob Stoops is dumb as hell. Who could have guessed. North Texas SC plays there! Or would play there if, you know, there wasn't a pandemic.
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# ? Apr 17, 2020 19:35 |
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Edward Mass posted:North Texas SC plays there! Or would play there if, you know, there wasn't a pandemic. And now Arlington ISD is going to play high school ball there, too! Just like they planned!
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# ? Apr 17, 2020 20:22 |
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https://twitter.com/darrenrovell/status/1252635673649176577
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# ? Apr 21, 2020 18:02 |
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# ? Apr 21, 2020 18:08 |
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Wow, this incarnation of the XFL seems like it's turning out to be a much bigger trainwreck than the first.
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# ? Apr 21, 2020 20:08 |
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He talked Andrew into retirement, so that when he signed with the XFL for year two the viewership would naturally spike. Now Vince is trying to fold the league, and Oliver's ace in the hole has turned to poo poo.
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# ? Apr 21, 2020 22:57 |
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Better Than You posted:That's only the tip of the iceberg that is Vince McMahon!
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# ? Apr 23, 2020 13:37 |
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posting this here because even by vince scumbag standards this is high https://www.youtube.com/watch?v=O86rVk4YrCY
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# ? Apr 23, 2020 13:55 |
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Vertical Lime posted:posting this here because even by vince scumbag standards this is high What a remarkable piece of poo poo Vince McMahon is. Dear god I hope he drowns in lawsuits for the last several years of his miserable life.
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# ? Apr 23, 2020 20:21 |
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Is Vince Flex banned in this forum?
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# ? Apr 23, 2020 20:31 |
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My god that’s... entirely preventable. But i guess when you own the entire league. Dudes got some great accountants
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# ? Apr 23, 2020 21:59 |
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gently caress, I already made an "It was X all the time" joke so I can't use it now for Vince being an outright scammer.
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# ? Apr 23, 2020 22:22 |
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https://twitter.com/BenFischerSBJ/status/1260621169042100225
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# ? May 13, 2020 20:27 |
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# ? May 30, 2024 14:11 |
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I'm no lawyer but "gross neglect in the pandemic" seems like a door WWE shouldn't want to open up in a court case.
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# ? May 13, 2020 20:53 |