Unsecured creditors in the XFL Chapter 11 Bankruptcy proceedings are weary of a possible move by Vince McMahon to revive the league and repurchase assets at a lower cost. In recent proceedings, the committee seeking reimbursement from McMahon’s league’s arrears are worried that the auction of assets is being done too soon to the advantage […]
WWE
WWE SmackDown draws over 2M
Personal guaranty of Luck’s salary by Vince McMahon a question in lawsuit by former XFL commissioner
According to documents that were filed in the Vince McMahon-Oliver Luck case, the WWE owner signed a personal guaranty for Luck to be XFL Commissioner. The personal guaranty which Luck sued to enforce claiming that the WWE Head breached the agreement contends that McMahon, not Alpha Entertainment, LLC, the company that ran the XFL. Alpha […]
AEW 654K, NXT 604K
AEW Dynamite on TNT Wednesday night drew 654,000 viewers and outdrew NXT on USA which garnered 604,000 viewers. AEW Dynamite was live once again with a limited crew but is no longer on tape delay. It drew 0.23 in the A18-49 demo and 0.28 in the M18-49 category. It drew 0.26 in the A24-54 category […]
Use of company iPhone for personal use one of reasons McMahon fired Luck
Vince McMahon claims that he fired Oliver Luck “for cause” in the legal battle beginning to boil in a Connecticut Federal Court. On Tuesday, McMahon filed an opposition to Plaintiff’s Application for Prejudgment Remedy which outlines the reasons it terminated Luck including gross negligence on the part of the former XFL commissioner. McMahon argues in […]