Vince McMahon says he’s not a bidder to buy XFL

Getty Images

The XFL is looking for a buyer after declaring bankruptcy and the founder of the league says he isn’t going to be a bidder.

The prospect of Vince McMahon trying to buy the league came up when Daniel Kaplan of TheAthletic.com noted objections raised by the league’s creditors last week. Those creditors objected to a proposals made in bankruptcy proceedings because they believed McMahon was moving to position himself “to acquire the debtor at a fire-sale price” after the league’s return season came to a halt due to the COVID-19 pandemic.

Kevin Seifert of ESPN.com reports that McMahon made a filing of his own in bankruptcy court Tuesday that said “I’m not going to be a bidder” for the league. He called claims to the contrary “inflammatory rhetoric and unsubstantiated accusations.”

The XFL relaunched this year and played five weeks to solid ratings and strong attendance in some cities before shutting down.

9 responses to “Vince McMahon says he’s not a bidder to buy XFL

  1. This rumor never made much sense for several reasons. First off, if McMahon thought they were viable declaring a hiatus until next season would have halted most of their expenses (player payroll, travel, all game-related costs…) and creditors would have been likely to give them extensions rather than push the league into bankruptcy. Also, to immediately restart the league, they’d have had little choice other than going back to these exact same creditors. What are the odds they would have gotten favorable terms immediately after stiffing these same people? They’d also have tremendous difficulties in getting themselves taken seriously as a now TWICE bankrupted league so realistically they’d need a new name and new management to have any shot at not being laughed at.

  2. At least the XFL didn’t try to propagandize braindead fans with marxist/globalist politics like the Rooney Rule, unlike the NFL!

  3. crappygovernment says:
    May 26, 2020 at 1:42 pm
    At least the XFL didn’t try to propagandize braindead fans with marxist/globalist politics like the Rooney Rule, unlike the NFL!

    Are you referring to Groucho, Chico or Harpo?

  4. I wish you groundlings knew about Cultural Marxism/Critical Theory and the Frankfurt School! The actual NFL football games are now secondary to demoralizing and emasculating the fans.

  5. There are only 2 professional leagues in North America, the NFL & the CFL, all of these other Mickey Mouse leagues that try and start up just end up failing……give it up!!!
    And before any of you yahoo’s that make fun of the CFL, just watch a whole game first before you cut it up.

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!

This site uses Akismet to reduce spam. Learn how your comment data is processed.