apuszczalowski Posted May 27, 2020 Posted May 27, 2020 1 hour ago, Rochesterfan said: My guess is that the debt team were correct that he was hoping to scoop it up and have the debt load cleared for pennies on the dollar - allowing him another shot. It sounds like the debt team filed a claim to prevent that and typically you have to get an agreement with the debt owners to come out of bankruptcy. If the debt team blocks his bid or refuses to negotiate because they believe he is doing it to avoid payment - they can gum up the works. Plus he took a huge amount of bad publicity for that - using the pandemic to avoid paying people the money they are owed. If I had to guess - you will see someone buy it for near nothing and then somehow miraculously Vince will become a part of it again. I will be interested in seeing if the networks offer the same type of deal or something closer to the AAFL television deal and can he get people to run the league as he royally screwed over Oliver Luck and many other former NFL people in executive and coaching positions. At some point you burn a bridge to far. I will also be interested in where teams play because it was obvious only a few places were invested. NY, DC, LA, TB - were all sketchy- really Seattle and St. Louis were the bright spots. Thats what you think! Just wait til Oliver makes the purchase over an infuriated McMahon who then comes running out to fight Luck but at the last second they shake hands and reveal they have been partners all along and this was all part of the plot to get it back! Or Luck buys the league and McMahon comes out to try and get in with him again, but then you hear glass shatter and find out Lucks silent partner in the deal was none other then Stone Cold Steve Austin who immediately hits a stunner on McMahon and then proceeds to drink and spill beer all over McMahon with Luck by his side! 5
Steve Billieve Posted May 27, 2020 Posted May 27, 2020 On 5/20/2020 at 5:41 PM, LeGOATski said: Is that illegal? I would love if it came back. That and worse happens in bankruptcy court all the time. Look into Sears if you want to feel sad/bad/frustrated.
Mr. WEO Posted May 27, 2020 Posted May 27, 2020 13 hours ago, PromoTheRobot said: Don't argue with WEO. He's just here to troll. Meanwhile, Vince McMahon denies he's buying the XFL back...But there is going to be an asset sale. Someone will end up owing it. Any idea what Vince is up to? https://www.espn.com/xfl/story/_/id/29224348/vince-mcmahon-says-try-buy-back-xfl-court-filing If correcting factually incorrect posts is trolling, then yes, that's what I'm doing. It's an endless job. 1
PromoTheRobot Posted May 27, 2020 Author Posted May 27, 2020 15 hours ago, apuszczalowski said: Thats what you think! Just wait til Oliver makes the purchase over an infuriated McMahon who then comes running out to fight Luck but at the last second they shake hands and reveal they have been partners all along and this was all part of the plot to get it back! Or Luck buys the league and McMahon comes out to try and get in with him again, but then you hear glass shatter and find out Lucks silent partner in the deal was none other then Stone Cold Steve Austin who immediately hits a stunner on McMahon and then proceeds to drink and spill beer all over McMahon with Luck by his side! I wonder if Peyton and Eli would team up with the old man?
TheFunPolice Posted May 27, 2020 Posted May 27, 2020 (edited) Jim Cornette, who wrestling fans would know well, has a YouTube channel where he talks about wrestling and takes questions from fans. One fan recently asked him about what Vince is really like, and his answer was Vince would cut your freaking heart out and then 2 weeks later see you on the street and say "Hey Pal!" and ask about your family like nothing ever happened. The guy is a totally cold blooded businessman, but apparently doesn't get that anyone could take business personally. It's just about dollars and cents to him, a game to be played and not just won but dominated and destroyed. Personal feelings rarely come into it. He has told a lot of stories about working with Vince and what he's like. Food is fuel, nothing more. Every little detail has to be just the way he wants. Eating and sleeping are necessary annoyances because they get in the way of work. Vince is a super intense type A personality to the extreme. The dude is more ripped at age 74 than some of the current wrestlers. So I could totally see him doing something like this. It fits the mold perfectly. Edited May 27, 2020 by TheFunPolice
Jauronimo Posted May 27, 2020 Posted May 27, 2020 (edited) On 5/21/2020 at 8:15 PM, The Dean said: Now there's a word that's become so watered-down it's almost meaningless. In what way is he a "genius?. Is he currently working on a cure for the Coronavirus? I understand there are various kinds of intelligence, but con-man intelligence doesn't qualify as "genius" in my book. He sold *****-erotic performance art to a crowd of homophobic, knuckle dragging, moutbreathers. He built an empire peddling a "sport" that is more choreographed than ballet and has pre-determined outcomes yet people shell out $100 to watch it on payperview. He has managed to keep the ever declining attention span of the American public for nearly 40 years. Edited May 28, 2020 by Jauronimo 1 1 1
Mr. WEO Posted May 27, 2020 Posted May 27, 2020 7 minutes ago, Jauronimo said: He sold *****-erotic performance art to a crowd of homophobic, knuckle dragging, moutbreathers. He built an empire peddling a "sport" that is more choreographed than ballet and has pre-determined outcomes yet people shell out $100 to watch it on paperview. He has managed to keep the ever declining attention span of the American public for nearly 40 years. Sounds like a genius to me... 1
PromoTheRobot Posted May 28, 2020 Author Posted May 28, 2020 CBS Sports: Dozens of bidders in 'active discussions' to buy XFL, restart league for 2021 tournament, per report. (McMahon not among possible buyers, apparently.)https://www.cbssports.com/nfl/news/dozens-of-bidders-in-active-discussions-to-buy-xfl-restart-league-for-2021-tournament-per-report/
1ManRaid Posted May 28, 2020 Posted May 28, 2020 17 hours ago, Jauronimo said: He sold *****-erotic performance art to a crowd of homophobic, knuckle dragging, moutbreathers. He built an empire peddling a "sport" that is more choreographed than ballet and has pre-determined outcomes yet people shell out $100 to watch it on paperview. He has managed to keep the ever declining attention span of the American public for nearly 40 years. Is paper view like one of those fancy picture flip books? That would have to be hella thick.
Mr. WEO Posted May 28, 2020 Posted May 28, 2020 "since the XFL is particularly well suited for a crowd-free experience..” it sure is... 1
DrDawkinstein Posted May 28, 2020 Posted May 28, 2020 1 hour ago, Limeaid said: Well if they can get 32 bidders they could hold a full tournament, bidder vs bidder, to give us something to watch now. I'll throw my hat into the ring. I got $5 on it.
PromoTheRobot Posted July 24, 2020 Author Posted July 24, 2020 https://xflnewshub.com/xfl-news/fox-work-xfl-30-modified-agreement/
Locomark Posted July 24, 2020 Posted July 24, 2020 Enough with the XFL. It’s never been a viable league unless the NFL funds it as some sort of developmental league like NFL Europe whet they can test new rules and train refs and put kids that don’t belong in colleges into a league. It has no TV money and that is why it fails.
PromoTheRobot Posted July 24, 2020 Author Posted July 24, 2020 1 hour ago, Locomark said: Enough with the XFL. It’s never been a viable league unless the NFL funds it as some sort of developmental league like NFL Europe whet they can test new rules and train refs and put kids that don’t belong in colleges into a league. It has no TV money and that is why it fails. It didn't fail for lack of money. It failed the same way every sport "failed" this year. Covid-19. The reason McMahon filed for bankruptcy was to get out of paying people he owed during the shut down. FYI XFL games were in the top 10 of sports TV ratings each week, beating NHL, college and some NBA games. 2
Mr. WEO Posted July 24, 2020 Posted July 24, 2020 1 hour ago, PromoTheRobot said: It didn't fail for lack of money. It failed the same way every sport "failed" this year. Covid-19. The reason McMahon filed for bankruptcy was to get out of paying people he owed during the shut down. FYI XFL games were in the top 10 of sports TV ratings each week, beating NHL, college and some NBA games. This again. We know you have a soft spot for this league but we all know the ratings were plummeting every week. Beating the NHL and NBA in February isn't a difficult feat (and how many XFL games went head to head with other league games?), and March Madness would have been the nail in the XFL coffin (again). Ratings were falling 14-19% week to week---and they only played 5 weeks. The cost of paying for broadcast rights plus the cost of actually broadcasting the games won't be covered by a small bump in XFL slot ad revenue compared to whatever Fox would otherwise put on TV at those times. The comparison to NHL, NBA and NCAA are meaningless anyway. It's been posted before here, but it's worth repeating to frame the futility of this league: "The value of that deal will ultimately be determined by the size of the league’s audience and the strength of its demographics, but one can’t just assume because the XFL’s ratings compare favorably to some NBA, NHL or MLB games that a billion dollar rights deal is on the horizon. “Those leagues are not the right comp. because they offer so much more inventory. They provide a different value proposition for the networks than the XFL does” (think: several games 7 days/week for 6-9 months vs. 4 games/week on Saturday/Sunday for 10 weeks)." https://www.si.com/johnwallstreet/sports-business/xfl-television-viewership#:~:text=The%20XFL's%20Week%205%20slate,FS1%2C%20833K%20on%20ESPN). When COVID brought its sweet mercy to the XFL, the league was already a nursing home resident, waiting for the end to come...
Jauronimo Posted July 24, 2020 Posted July 24, 2020 On 5/21/2020 at 8:31 PM, Over 29 years of fanhood said: there is nothing genius about a wealthy person Filing bankruptcy on a failed business then buying it back for pennies on the dollar. It’s exploiting the system and Taxpayers ultimately will end up subsidizing the loss by someone who isn’t remotely close to bankrupt (financially anyway) Taxpayers have zero obligations in bankruptcy proceedings.
Gugny Posted July 24, 2020 Posted July 24, 2020 1 hour ago, Jauronimo said: Taxpayers have zero obligations in bankruptcy proceedings. That's not true. 1
Jauronimo Posted July 24, 2020 Posted July 24, 2020 (edited) 1 minute ago, Gugny said: That's not true. What financial obligations were tossed on taxpayers when the XFL, a private enterprise, went bankrupt? Edited July 24, 2020 by Jauronimo
Gugny Posted July 24, 2020 Posted July 24, 2020 5 minutes ago, Jauronimo said: What financial obligations were tossed on taxpayers when the XFL, a private enterprise, went bankrupt? Players' salaries, stadium leases, etc.
Recommended Posts