The XFL has gone down, and gone down hard – today there was a Chapter 11 bankruptcy filing in Delaware. Assets/liabilities both listed in $10-50m range. Lot of pain out there in a lot of different places, but this is still such a sweeping turn of events from where they were…

Vince McMahon had 100 pct of the XFL’s Class A shares. He also had 76.5% of the Class B shares, with WWE holding the rest.

Timing is everything in life, and the XFL’s timing couldn’t have been any worse. 

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