Could the XFL reemerge for a third time? After shutting down the league, laying off all of its employees, and declaring bankruptcy, Vince McMahon has put the XFL up for sale, according to Dan Primack of Axios.
[RELATED: Former XFL Commissioner Oliver Luck Sues Vince McMahon]
The XFL and its managing investment bank has requested letters of intent to be submitted by June 12. After that, formal bids will be due on July 6. Together, they’re attempting to make a case for someone to purchase the XFL. They say the league was on track for $46MM in revenue last year with an average game attendance of 20K. While those attendance numbers might be accurate, the league was said to be handing out lots of free tickets to fill the seats.
It’ll be tough for the WWE czar to find a taker, industry investors tell Primack, though one source says it’s not out of the realm of possibility.
“There are lots of people who are very rich but not rich enough to own an NFL team, so maybe someone will see this as the next best thing at a bargain price,” said the investor, who is not personally mulling a bid for the XFL.
The XFL released players from their contracts on March 12, allowing quarterbacks Josh Johnson, P.J. Walker, Jordan Ta’amu, and others to seek NFL deals.
I’d buy that for a dollar!
Why don’t we apply for additional Covid assistance from the government and become partners?
Because youd be buying millions of dollars in debt for $1.
That’s how this works
Fresh reference
$2, take it or leave it
I’ll go as high as $10 then I’m dropping out of the bidding.
Y’all better pool your money, man. I got $20.11 in my pocket, and I’m going all in!
Too rich for my blood…I’m out
I’ve got 5 on it
Bill O’Brien would give Watson for it
Amazing
And JJ Watt and his new LT. Then fail. Ha bums
Maybe Fred and Jeff Wilpon Will buy the XFL! There are used to running sports teams that only draw 0.46 viewership
Honestly someone can make a name for themselves if they buy the XFL
As an owner I would want to re-brand…change the name to T-RexFL. NFL free agents that refuse to sign with our league get eaten by dinosaurs.
And they could play “Bang a Gong” at halftime!
Well… Yes, yes they could…
NFL should buy it and make it a spring/development league. Give away tickets and sell concessions. I think the demand for the XFL was better than anticipated and the TV deals were in place. What else does the NFL network show during the Spring?
not a bad idea at all
The NFL would just make their own developmental league if they want it, they’re not gonna buy some knock off football league
Why would they do that if the XFL already has the groundwork in place?
Except the NFL would just be buying the infastructure and contracts. They wouldn’t be bound to xfl rules.
Along with development of young players they would likely use it as a testing ground for new rules
@Lord Banana, the NFL would take the existing infrastructure and rebrand the XFL into their own brand… they wouldn’t be bound to XFL rules or team names. Remember NFL Europe? Do that in the US, make a player somehow affiliated w a NFL team (like a practice squad player) or a FA.
Exactly like they do in the Arizona league for MLB baseball.
Ever hear of the AAF?
Ncaa is so mad at you for this idea. Where would they get players for free if that’s the case?
No sale, Vince. I’m saving up for the USFL
I’ve got some spare Toilet paper. Can write any future cheque’s or contracts on it.
Whether it’s the XFL or they come up with their own developmental league with the practice squad NFL players all playing in the league
Give them opportunity to make money all year round and actually get in some sort of games to show their development
Fill out the rosters with guys looking for their shot
Yes, NFL will buy it and use it as a developmental league. They need to put more teams in cities that do not have current NFL teams. It would be even more appealing.
Teams for Decatur, Portsmouth, Akron, Pottsville, Duluth and Racine.
mmmm. nah.
Hahaha solid comment
Weren’t these the teams from League Of Their Own
Pretty sure that is what the SEC and all of college football already do
Only for college kids and ignorant drunks who feel connected to a school for some reason. I will never support or watch an agency of the communist propaganda centers now known as colleges.
$100M for a 50% Stake and $2/ticket royalty league wide in perpetuity.
Thanks, Mr. Wonderful
XFL was really popular in St.louis. Best attendance. Does not currently have NFL team. There I spelled it out for you. BStevens
Kurt Warner and players like him played college ball but needed more developmental time to become good NFL players
For Sale:
Used football league. Very low miles. Garage kept. Many new parts. Currently a crank, no start. It took years to get this thing back on the road again, so NO LOWBALL OFFERS!!! Will consider trades.
Praying this happens. Honestly, why not the Trump family? He tried to do this before. And Bezos has had interest in the Washington Redskins.
The last thing the world needs is Jeff Bezos owning any more of it.
How appropriate that Vince declares bankruptcy and is appointed to 6x Bankruptcy Champion “open the country”‘s task force.
*insert rolleye emoji here*
Trump will buy this from his friend to help him out, and to compete against the NFL.
I enjoyed the XFL’s short run. I liked the rule changes, the transparency of the game, etc. I liked rooting for a team instead of stars.
I’d like to see the NFL buy it and leave it as it was (rules). I’m just afraid they’d want to put their stamp on it, which would be a turn off for me.
I do think it’s a great opportunity though, to promote football and the NFL brand, year round. They could call it NFLX.
In similar news,I am selling my student loan debt.
The main difference between that and the XFL is that in five years someone will still be calling about it.
Outfit the XFL with training wheels and present it to Brittany Bowlen.
I’ll pay Vinny Mac a flat Million for the XFL and all its properties.
That’s a lot of dough…for anyone but a Chef.