Page 1 of 5
XFL Terminates All Employees
Posted: Fri Apr 10, 2020 12:24 pm
by SamTheRam28
https://twitter.com/KonnorFulk_XFL/stat ... 45696?s=19
Breaking News: The #XFL has terminated all of its employees. A small “skeleton crew” of league execs will continue to work at the CT HQ.
https://twitter.com/KonnorFulk_XFL/stat ... 26465?s=19
The #XFL has suspended its Day to Day operations effective immediately and all team and league employees have been terminated
The statement was read to employees through a conference call by League President Jeffrey Pollack. No questions were taken. Call lasted all of 10 minutes
https://twitter.com/KonnorFulk_XFL/stat ... 18241?s=19
The #XFL has suspended its Day to Day operations effective immediately and all team and league employees have been terminated
The statement was read to employees through a conference call by League President Jeffrey Pollack. No questions were taken. Call lasted all of 10 minutes
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 12:37 pm
by GDAWG
That's not good for the league's chances of returning.
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 1:20 pm
by Firecop
Well that sucks big time. Even if they come back, all new staffs and coaches?
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 1:32 pm
by XtremeFanForever
About 99% chance there's no 2021 season at this point. Hard to quantify how things look beyond that but certainly not good.
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 1:54 pm
by XtremeFanForever
https://www.espn.com/xfl/story/_/id/290 ... eturn-2021
It was not immediately clear if (Oliver Luck) is still with the league.
If true then the league is almost back to square one. Still, I doubt the league makes any "official" announcement on folding until the pandemic is over
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 1:57 pm
by johnnyangryfuzzball
Wow.
So Alpha Entertainment still likely has a couple hundred million cash in the bank. Will that be rolled back into WWE (to cushion its losses from not being able to have audiences) or put into some other venue?
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 2:02 pm
by MGB01
There's nothing right now to do anything for year two--everybody is going to lose tons of money, where do you think that leaves startups? (hell I wouldn't be shocked if AEW shuts down at some point, so as kind of odd that is to see Vince and Tony Khan in the same boat, it is what it is)
So anything, even my last post, was kind of wishful thinking
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 2:22 pm
by Metallifreak10
Well, this definitely isn’t good. And if Oliver Luck was let go, then it’d be all over. If Luck is still employed, then the door is at least still slightly cracked open.
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 2:24 pm
by Tank55
Luck's making $10M a year. I don't think he's a cost effective guy to leave on the skeleton crew.
Re: XFL Terminates All Employees
Posted: Fri Apr 10, 2020 2:29 pm
by GDAWG
MGB01 wrote: ↑Fri Apr 10, 2020 2:02 pm
There's nothing right now to do anything for year two--
everybody is going to lose tons of money, where do you think that leaves startups? (hell I wouldn't be shocked if AEW shuts down at some point, so as kind of odd that is to see Vince and Tony Khan in the same boat, it is what it is)
So anything, even my last post, was kind of wishful thinking
AEW has been on a break since last week, they pre-recorded a bunch of stuff all the way until late May. WWE was on a three week break, but they are shooting stuff for the next few days and then will be on another break again.