Last week news came out that shocked XFL fans worldwide, Dan Kaplan of The Athletic said that creditors thought that Vince McMahon may be attempting the purchase his own XFL from bankruptcy. Since then, news has come out that the league has been reaching out to cities to restart their lease agreements in case the league was purchased.
Just now, we’re learning that Vince McMahon may not be the one trying to purchase the league. According to Darren Rovell, new court filings show that McMahon says he will NOT be bidding on the XFL assets.
In new court filing, Vince McMahon says he won’t be bidding for the XFL assets.
— Darren Rovell (@darrenrovell) May 26, 2020
Regardless of who is bidding, it seems that the company is still hopeful to find a buyer. The company is looking to sell by mid to late July, so we’ll definitely get our answer soon. As of know, it seems that Vince McMahon is out of the picture, but as with all things in life… that could change at any moment.
In the filing McMahon said “I’m not going to be a bidder,” and called the claims “inflammatory rhetoric and unsubstantiated claims”. Additionally, McMahon also claims in the filing that he put up at least $200M into the XFL.
"I'm not going to be a bidder," McMahon said in a deposition. The filing called the claims "inflammatory rhetoric and unsubstantiated accusations."
— Kevin Seifert (@SeifertESPN) May 26, 2020
Also in the filings: McMahon said he put in “at least” $200 million into the XFL, which shuttered after five weeks of games due to the coronavirus pandemic.
— Kevin Seifert (@SeifertESPN) May 26, 2020
To date, Vince McMahon has been the only person to be reportedly interested in purchasing the XFL. Which in itself is a crazy thought. We’ll keep you posted as more information comes out on the possible resurgence of the XFL.
Who would you like to see purchase the XFL? Let us know down in the comments below or join the conversation on Discord.
