The XFL’s return was fun while it lasted.
Now that idea is in the past as the league shuttered their doors and laid off all employees.
Now the XFL has filed for bankruptcy.
Vince McMahon’s league has declared bankruptcy. The wording in the paperwork filed shows that the XFL did indeed file for chapter 11 bankruptcy.
RELATED: XFL Has Laid Off All Employees and Suspended Operations
Reports stated that the XFL is looking at a loss of around $10-$50 million.
This is going to be a big hit for Vince McMahon especially as he was holding so much interest in the football company.
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