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Spring league, that is.\u003c/p\u003e\u003cp\u003eThe XFL and USFL are merging, per multiple reports. The deal isn’t done, but it’s close.\u003c/p\u003e\u003cp\u003eObviously, there will be many questions. Who owns the equity? Who televises the games?\u003c/p\u003e\u003cp\u003eHow many teams will be in the combined league? Will they play in home markets or hubs?\u003c/p\u003e\u003cp\u003eWho will run the combined league? Which executives will stay, which ones will go?\u003c/p\u003e\u003cp\u003eMost importantly, what will it be called?\u003c/p\u003e\u003cp\u003eThe XFL? The USFL? The USXFL? The SUXFL? (I like the last one.)\u003c/p\u003e\u003cp\u003eIn 2023, both leagues competed, with a few weeks of overlap. The XFL started one week after the Super Bowl, and the USFL started in April.\u003c/p\u003e\u003cp\u003eThe XFL, the 2023 season represented the third crack at making it go. The USFL returned after multiple decades of going dark in 2022.\u003c/p\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2023/09/xfl-usfl-begin-talks-to-merge-leagues.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/8404786122904111748"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/8404786122904111748"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2023/09/xfl-usfl-begin-talks-to-merge-leagues.html","title":"XFL, USFL begin talks to merge leagues"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-6271199044386524956"},"published":{"$t":"2023-06-12T13:04:00.008-04:00"},"updated":{"$t":"2023-06-12T13:04:48.623-04:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"The Rock"},{"scheme":"http://www.blogger.com/atom/ns#","term":"XFL"}],"title":{"type":"text","$t":"XFL Loses Nearly $60 Million This Season"},"content":{"type":"html","$t":"\u003cp\u003eA group led by Dwayne ‘The Rock’ Johnson took ownership of the XFL from Vince McMahon last year and just wrapped up their first full season of the revamped football league. Reports from Forbes indicate that the league lost nearly $60 million this season.\u003c/p\u003e\u003cp\u003eThe XFL was largely a football league intended to be for players looking for a path to the NFL. In fact, 67 players who played in the XFL this season earned invitations to workout for NFL teams and 22 of them signed actual contracts. The Arlington Renegades won the championship despite finishing the regular season with a losing record (4-6).\u003c/p\u003e\u003cp\u003eThe Rock continues to be adamant that the XFL is not a ‘side hustle’ and there is a clear goal that he remains confident the league can achieve. The Rock said, “This is not just an endeavor that’s going to fill up a portfolio and one day we flip it and we’re out. This is legacy. This is the long game.”\u003c/p\u003e\u003cp\u003eForbes further indicated that the league expects around $100 million in revenue next season. Nearly 25% of XFL income comes from ESPN, which pays the league $20 million per season for rights to air games on TV.\u003c/p\u003e\u003cp\u003eXFL owners, including chairwoman Dany Garcia, said that the league recently signed sponsorships with national brands such as Progressive and Under Armor. She said, “We’re extremely well-capitalized for the long-term. This is our new WWE. The next massive live property.”\u003c/p\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2023/06/xfl-loses-nearly-60-million-this-season.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/6271199044386524956"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/6271199044386524956"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2023/06/xfl-loses-nearly-60-million-this-season.html","title":"XFL Loses Nearly $60 Million This Season"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-4888284909507357218"},"published":{"$t":"2022-06-20T17:15:00.002-04:00"},"updated":{"$t":"2022-06-20T19:41:32.102-04:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Sports"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Vince McMahon"},{"scheme":"http://www.blogger.com/atom/ns#","term":"XFL"}],"title":{"type":"text","$t":"Vince McMahon and Oliver Luck Settle XFL Lawsuit"},"content":{"type":"html","$t":"\u003cdiv\u003eFrom Cageside Seats:\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eSettlement talks had broken down between McMahon and Oliver Luck, who had been commissioner of the rebooted XFL football league. Vince claimed the executive had been fired for cause; Luck believed it was a cost-cutting move ahead of shuttering the whole operation at the start of the pandemic.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eLuck was suing for the roughly $24 million in compensation he said he was due. McMahon’s counter-claim focused on Luck’s signing of wide receiver Antonio Callaway, whose 2018 legal issues violated the league’s mandate to not sign players with any off-the-field issues. In depositions, Luck’s lawyers brought up McMahon’s own felony charge from his 1994 federal steroid trial, seemingly to demonstrate the mandate was hypocritical.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eLast Wednesday (June 15), as we learned the Luck suit was headed to trial in July, the Wall Street Journal’s report on the WWE Board’s investigation into alleged misconduct by McMahon hit. Vince has since stepped down from his roles as CEO \u0026amp; Chairman, with his daughter Stephanie assuming those responsibilities on an interim basis.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eSports Business Journal now says a recent court filing shows that Luck \u0026amp; McMahon have agreed to settle. In a June 17 brief to the court requesting the remaining records in the case be sealed, Luck’s lawyer Paul Dobrowski wrote: ”The parties reached an agreement to resolve this case on June 16, 2022.” McMahon’s lawyer, Jerry McDevitt, does not oppose the motion.\u003c/div\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2022/06/vince-mcmahon-and-oliver-luck-settle.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/4888284909507357218"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/4888284909507357218"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2022/06/vince-mcmahon-and-oliver-luck-settle.html","title":"Vince McMahon and Oliver Luck Settle XFL Lawsuit"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-7081247716670833206"},"published":{"$t":"2022-04-06T17:18:00.004-04:00"},"updated":{"$t":"2022-04-07T13:05:18.980-04:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"The Rock"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Sports"},{"scheme":"http://www.blogger.com/atom/ns#","term":"XFL"}],"title":{"type":"text","$t":"The Rock Debuts New XFL Logo And Vision"},"content":{"type":"html","$t":"\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"related","href":"https://www.wrestlinginc.com","title":"The Rock Debuts New XFL Logo And Vision"},{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2022/04/blog-post.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/7081247716670833206"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/7081247716670833206"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2022/04/blog-post.html","title":"The Rock Debuts New XFL Logo And Vision"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-1114690137936779889"},"published":{"$t":"2022-02-21T13:58:00.007-05:00"},"updated":{"$t":"2022-02-21T14:00:02.676-05:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"NFL"},{"scheme":"http://www.blogger.com/atom/ns#","term":"XFL"}],"title":{"type":"text","$t":"XFL And NFL Reach Partnership Agreement"},"content":{"type":"html","$t":"\u003cdiv\u003eDwayne “The Rock” Johnson’s XFL announced it has reached a new innovative partnership agreement with the NFL. The XFL is returning in 2023 after suspending operations in 2020 under Vince McMahon’s ownership. The XFL and NFL partnership comes at a time when alternative football leagues are popping up more frequently.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eXFL president Russ Brandon told ESPN’s Kevin Seifert the new agreement will give the NFL a “petri dish” to experiment with proposed rules, test new equipment, and develop prospective officials and coaches.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eHowever, the announcement doesn’t signal XFL’s demotion to a developmental league. The league sees itself as an equal competitor in the football industry. The vision for the future remains the same as always for the XFL.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eWhen asked if the XFL would become a developmental league for the NFL, Dany Garcia replied, “That’s a no. We are a spring league. We will play at the highest level in the spring. There is not the anticipation of any player sharing that changes the dynamic. That’s not how we’re executing our vision.”\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eThe deal is not exclusive because either league is still permitted to work with outside entities. This is about the innovation and development of the game of football because the XFL’s looking to make an impact and change the industry.\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003e“One of the things we made clear starting off is that we were going to take a stewardship position on the game and the game of football, expanding it, and being impactful to the industry.”\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003eThe partnership benefits not only both leagues but the game of football as a whole. The official statement from the XFL reads, “The XFL has shown us that innovation is one of its core principles. We are hopeful that this relationship will support further development and improvements in the game of football at all levels.”\u003c/div\u003e\u003cdiv\u003e\u003cbr\u003e\u003c/div\u003e\u003cdiv\u003ecredit: ESPN \u003ca href\u003d\"https://www.wrestlinginc.com/news/2022/02/xfl-partnership-with-nfl/\"\u003eWrestling Inc\u003c/a\u003e\u003c/div\u003e\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2022/02/dwayne-rock-johnsons-xfl-announced-it.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/1114690137936779889"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/1114690137936779889"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2022/02/dwayne-rock-johnsons-xfl-announced-it.html","title":"XFL And NFL Reach Partnership Agreement"}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}},{"id":{"$t":"tag:blogger.com,1999:blog-7964262.post-7697816474267885420"},"published":{"$t":"2020-08-03T10:55:00.001-04:00"},"updated":{"$t":"2020-08-03T10:55:04.120-04:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"The Rock"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Vince McMahon"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Alpha Entertainment"},{"scheme":"http://www.blogger.com/atom/ns#","term":"XFL"}],"title":{"type":"text","$t":"Dwayne Johnson Buys XFL for $15 Million With Redbird Capital as Partner "},"content":{"type":"html","$t":"The XFL has been sold to a group that includes former WWE star Dwayne “The Rock’’ Johnson, giving the bankrupt football league the kind of star power that may draw even non-sports fans. Variety’s sister site Sportico first reported the news.\u003cbr /\u003e\n\u003cbr /\u003e\nJohnson, an actor and producer who played college football at the University of Miami, teamed up with Gerry Cardinale’s RedBird Capital to buy the league just hours before a planned auction was scheduled to begin.\u003cbr /\u003e\n\u003cbr /\u003e\nThey paid $15 million, splitting it evenly. Johnson’s business partner, Dany Garcia, who is also his ex-wife, will be a stakeholder as well.\u003cbr /\u003e\n\u003cbr /\u003e\nRedBird has made a litany of sports-related investments, including some with ties to the National Football League and its players.\u003cbr /\u003e\n\u003cbr /\u003e\nThe presence of Johnson, meantime, continues pro wrestling’s involvement in the spring football league, which was founded—and funded—by WWE Chairman and Chief Executive Officer Vince McMahon.\u003cbr /\u003e\n\u003cbr /\u003e\nThe XFL filed for bankruptcy in April after the COVID-19 pandemic prompted the cancellation of its inaugural season, which got off to a promising start in terms of television audience. The league had a broadcast agreement with Fox.\u003cbr /\u003e\n\u003cbr /\u003e\nWith live sports a reliable vehicle to deliver ratings, there’s a good chance a number of traditional TV networks—and perhaps streaming companies—would seek to add the XFL to their portfolios. Besides the league, networks would likely seek a tie-up with Johnson, who is the executive producer of “The Titan Games,’’ a sports competition reality series on NBC.\u003cbr /\u003e\n\u003cbr /\u003e\nThe XFL is the latest sports-related move for Cardinale and RedBird, which recently bought French soccer team Toulouse. In addition, Cardinale—along with Oakland A’s executive Billy Beane—created a special purpose acquisition company, or SPAC, that’ll focus on buying companies in sports, media and data analytics.\u003cbr /\u003e\n\u003cbr /\u003e\nThe private equity firm is also an investor in the YES Network, the regional sports network that shows New York Yankees games, as well as On Location Experiences, which is partly owned by the NFL, and also OneTeam Partners, a tie-up that includes the unions that represent MLB and NFL players.\u003cbr /\u003e\n\u003cbr /\u003e\nIn its bankruptcy filing, Alpha Entertainment, the XFL’s parent, listed the league with assets and liabilities in the range of about $10 million to $50 million.\u003cbr /\u003e\n\u003cbr /\u003e\nMcMahon announced the XFL’s reboot in 2018, and spent two years developing the eight-team league.\u003cbr /\u003e\n\u003cbr /\u003e\nThe XFL drew more than 3 million viewers in its first week. The audience was about half that number in its fifth and final week before the shutdown.\u003cbr /\u003e\n\u003cbr /\u003e\nThe original XFL, created in 2001 in partnership with NBC, folded after one season.\u003cbr /\u003e\n\u003cbr /\u003e\nXFL President Jeffrey Pollack oversaw the sale process for the league.\u003cbr /\u003e\n\u003cbr /\u003e\n\u003ci\u003esource: varity.com\u003c/i\u003e\u003cbr /\u003e\n\u003cdiv class\u003d\"blogger-post-footer\"\u003e\u003cscript expr:src\u003d'\"http://feeds.feedburner.com/~s/Klq?i\u003d\" + data:post.url' type\u003d\"text/javascript\" charset\u003d\"utf-8\"\u003e\u003c/script\u003e\u003c/div\u003e"},"link":[{"rel":"replies","type":"text/html","href":"https://www.klqwrestling.com/2020/08/dwayne-johnson-buys-xfl-for-15-million.html#comment-form","title":"0 Comments"},{"rel":"edit","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/7697816474267885420"},{"rel":"self","type":"application/atom+xml","href":"https://www.blogger.com/feeds/7964262/posts/default/7697816474267885420"},{"rel":"alternate","type":"text/html","href":"https://www.klqwrestling.com/2020/08/dwayne-johnson-buys-xfl-for-15-million.html","title":"Dwayne Johnson Buys XFL for $15 Million With Redbird Capital as Partner "}],"author":[{"name":{"$t":"Kaliqo~"},"uri":{"$t":"https://www.blogger.com/profile/16883827855779815366"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"//images-blogger-opensocial.googleusercontent.com/gadgets/proxy?url\u003dhttp://1.bp.blogspot.com/_GAU61F_GcXw/Sq5xKvM2cyI/AAAAAAAAALA/SD6S9DAAU3M/S220-s100/allura-logo.jpg\u0026container\u003dblogger\u0026gadget\u003da\u0026rewriteMime\u003dimage/*"}}],"thr$total":{"$t":"0"}}]}});