Search found 502 matches

by XtremeFanForever
Wed Apr 22, 2020 12:50 am
Forum: XFL General Discussion
Topic: Oliver Luck sues Vince McMahon
Replies: 35
Views: 6177

Re: Oliver Luck sues Vince McMahon

I can understand that the XFL is going through Chapter 11 - ie debts will be expunged. OL will not collect on future obligations regardless. If he got paid thru April 9th he got paid what he worked through. He had a contract. Just the same as Stoops, Moss, and all the other coaches. The league was ...
by XtremeFanForever
Tue Apr 21, 2020 10:49 pm
Forum: XFL General Discussion
Topic: Oliver Luck sues Vince McMahon
Replies: 35
Views: 6177

Re: Oliver Luck sues Vince McMahon

Well the difference is Luck has a 5 year contract worth $20-25 million assuming that $5mm a year - his remaining comp per the contract was 3/5 yrs. By firing OL the XFL obsolves itself of those future $$$ amounts. His contract - as listed in link in above post - could only be terminated by cause. N...
by XtremeFanForever
Tue Apr 21, 2020 9:50 pm
Forum: XFL General Discussion
Topic: Oliver Luck sues Vince McMahon
Replies: 35
Views: 6177

Re: Oliver Luck sues Vince McMahon

Luck got paid thru April 9th just like the coaches, unless it was back loaded. But assuming it was weekly he got paid. The coaches lost their future money, they will be wiped clean in bankruptcy . Right but they're still recognized as creditors so they can still pursue their lost wages. Luck is not...
by XtremeFanForever
Tue Apr 21, 2020 8:59 pm
Forum: XFL General Discussion
Topic: Oliver Luck sues Vince McMahon
Replies: 35
Views: 6177

Re: Oliver Luck sues Vince McMahon

I'm guessing Luck is just going after VKM personally to try to jump the bankruptcy creditors line as opposed to ending up with the rank and file and likely collecting pennies on the dollar. Seems unlikely but he may be going after some quick cash to go away. No, this is the problem. Luck gets nothi...
by XtremeFanForever
Tue Apr 21, 2020 5:25 pm
Forum: XFL General Discussion
Topic: Oliver Luck sues Vince McMahon
Replies: 35
Views: 6177

Re: Oliver Luck sues Vince McMahon

I'm guessing Luck is just going after VKM personally to try to jump the bankruptcy creditors line as opposed to ending up with the rank and file and likely collecting pennies on the dollar. Seems unlikely but he may be going after some quick cash to go away. No, this is the problem. Luck gets nothi...
by XtremeFanForever
Tue Apr 21, 2020 2:14 pm
Forum: XFL General Discussion
Topic: Oliver Luck sues Vince McMahon
Replies: 35
Views: 6177

Re: Oliver Luck sues Vince McMahon

More:

https://www.actionnetwork.com/xfl/xfl-o ... rrenrovell

This explains why Luck wasn't a creditor in the bankruptcy filing.
by XtremeFanForever
Tue Apr 21, 2020 1:08 pm
Forum: XFL General Discussion
Topic: Oliver Luck sues Vince McMahon
Replies: 35
Views: 6177

Oliver Luck sues Vince McMahon

Welp. https://theathletic.com/1763214/2020/04/21/oliver-luck-former-commissioner-of-shuttered-xfl-sues-founder-vince-mcmahon/ Behind a paywall so I don't know the full story, but found this bit: Luck’s complaint is heavily redacted to protect confidential contract information. But what it does say i...
by XtremeFanForever
Fri Apr 17, 2020 9:18 pm
Forum: XFL General Discussion
Topic: Sources: league explored relocating three teams
Replies: 2
Views: 1495

Re: Sources: league explored relocating three teams

The article from Sports Business Daily today says the league waa exploring moving the Vipers to Orlando. Not a big surprise. Seems like they would've preferred Orlando to begin with had it not been for the AAF.
by XtremeFanForever
Fri Apr 17, 2020 7:57 pm
Forum: XFL General Discussion
Topic: Sports Business Journal review of XFL's final days
Replies: 12
Views: 1962

Re: Sports Business Journal review of XFL's final days

Joker wrote:
Fri Apr 17, 2020 7:43 pm
Certainly not "mad." That seems to be your job. I'm just stating facts. Vince committed 500 million, then he didn't. It is probably a good business move, but it is a fact.
We got Dundon'd.
by XtremeFanForever
Fri Apr 17, 2020 3:49 pm
Forum: XFL General Discussion
Topic: Sports Business Journal review of XFL's final days
Replies: 12
Views: 1962

Sports Business Journal review of XFL's final days

https://www.sportsbusinessdaily.com/SB-Blogs/Breaking-News/2020/04/XFL.aspx?mkt_tok=eyJpIjoiTWpVd1l6ZzNPVEprTWpOayIsInQiOiJaUGtRVTVyRzZwOUZNR1FlUnVJc2pFdDlVQTlKaWJNUDM4bFVhMUk4WXV2S1ZucElyQ21qK2pkZENhNTFcL0h1dEdvbnBDZklEOWRWQTkwSkswQ0NYR2pESjd1Zk9ZUVZ5YXhBWW8yVkE4YTdCd0t5Tm5TcVo2NW1zaHVBdGZSWkQ1ZmNk...