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  • Another spin to this crazy story... Good luck with that

  • JuranBoldenRules
    JuranBoldenRules

    Missed week 1 payroll...that’s all-time bad.  Didn’t even start the season with operating capital for one week.

  • TrueBlue4ever
    TrueBlue4ever

    It's really saying something when Arizona Coyotes fans are saying "Can you believe what they are doing to give away these tickets?"

comment_381568
1 hour ago, SpeedFlex27 said:

We'll see what happens in san Diego as they had 29,000 fans last week. Football fans in SD are pissed with the NFL so this may be an FU aimed at the NFL by the fans there.

Yes, but the San Diego fans have seen real football of the NFL sort, and they are going to sour on this anemic substitute real fast.

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comment_381711

That above tweet doesn’t make sense.

You would think Robert Vanech should be paying the league for not having his name associated with this undertaking. At the very least...wait to see what happens with the AAF before pulling out the ‘sue’ card.

Edited by Mr Dee

comment_381712
1 minute ago, Mr Dee said:

That above post doesn’t make sense.

You would think Robert Vanech should be paying the league for not having his name associated with this undertaking. At the very least...wait to see what happens with the AAF before pulling out the ‘sue’ card.

With all the crap swirling around this fledgling league, it will be surprising if they finish this season.

comment_381823
1 hour ago, JCon said:

But no one is watching (or fewer and fewer), which is really the story, I believe. 

True. However it's all about profit. McMahon could run a profitable small time football league if he's smarter then the shmucks running the AAF who blew their brains out when they decided on taking on 52 million a year in payroll for players. That's before benefits which will cost them a fortune.

comment_381827
Just now, gcn11 said:

True. However it's all about profit. McMahon could run a profitable small time football league if he's smarter then the shmucks running the AAF who blew their brains out when they decided on taking on 52 million a year in payroll for players. That's before benefits which will cost them a fortune.

You need to last long enough to see people get interested. Maybe the XFL can last a couple of seasons and grow their numbers? 

comment_381873
1 hour ago, JCon said:

I wonder if this gives Vince pause on the XFL? Or, is his ego so big that he can't foresee similar issues? 

All about TV money.  He wont go into the season without a good contract and revenue.  He wont be blindsided by not being able to afford payroll.  Remember, he was willing to do a second season of the original XFL after losing like $60 million in the first season.  Plus, he's got money to burn.

comment_381952
14 hours ago, The Unknown Poster said:

All about TV money.  He wont go into the season without a good contract and revenue.  He wont be blindsided by not being able to afford payroll.  Remember, he was willing to do a second season of the original XFL after losing like $60 million in the first season.  Plus, he's got money to burn.

He doesn't have money to burn. Most of his personal wealth is not liquid, it is tied to the WWE who has capped this little adventure at 100 million.

comment_381953
1 hour ago, gcn11 said:

He doesn't have money to burn. Most of his personal wealth is not liquid, it is tied to the WWE who has capped this little adventure at 100 million.

Vince sold shares for $100 million to invest in his XFL company which is separate from wwe and financed by Vince personally.  

WWE has always paid a dividend and Vince is the largest share holder. He was paid tens of millions per quarter for years and years.  He’s said he could invest half a billion. 

His personal fortune isn’t just wwe stock. He has tons of cash (or at least he was paid a ton of cash, what he did with it after, I don’t know). 

EDIT: Here's a good article on the McMahon fortune.

https://www.forbes.com/sites/chasewithorn/2018/06/20/the-mcmahons-who-run-wwe-and-trumps-small-business-administration-raked-in-at-least-100m-in-2017/#6cad92d3254e

So in 2017 alone, Vince made $12 million in dividend payments.  He's received those large payments every year since WWE went public.  Plus, over $3 million in salary as CEO.  The article states he made $2 million in income from non-WWE investments in 2017 as well.  

Dude has plenty of money. :-)

Edited by The Unknown Poster

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