Is the XFL Coming Back for Another Season? XFL — winter and spring professional football launched in 2018 by WWE CEO Vince McMahon. XFL will fill a perceived football void in the months following the Super Bowl.
The league saw the first game back in February 2020, with just five weeks of sporting it halted. All sports and live entertainment stopped because of COVID-19 pandemic around the world. The XFL had just begun playing and televising games around the globe when live stadium events become prohibited. As a result, it triggered a surge of financial restructuring with the league filing for bankruptcy.
While the sale process in bankruptcy court seems like the best way to “rationalize assets,” sports business thrives at the intersections of reason and emotions backed by a tremendous fan following. It was the second attempt to create a new sport envisioned by Vince.
The fate of the XFL is Aominous
Back in 2001, Vince started another league —also called the XFL with NFL in a quest to blend the football world with elements professional wrestling. He still believes the NFL has become dull over the years. Yet, the league shut down due to poor attendance and television rating.
According to Daniel Kaplan of The Athletic, the XFL could see a comeback in 2021. McMahon declared Chapter 11 to save the league. A possible move, pointing out that it could be the case.
The early bankruptcy filing hints on a total take over where Vince McMahon through “XX FL” would own the XFL assets and the stock reorganized XFL. Prior obligation of the league is to be abandoned, but the choice XX FL to assume most.
As such, the DIP financing gives the CEO an inside line on targets. It will be coupled with a split-back providing a safety valve option if the post-snap flow dictates. As a result, it will allow the extra league set for early next year to focus more on football while shortening game time under three hours.
Some traditional rules will vanish in the hope XFL will do better than previous winter and spring leagues, including the original XFL, the United Football League, and last year’s Alliance of American Football. As more people learn XFL betting, the reboot will showcase a heavy emphasis on sports betting.
The XFL’s new rules are to speed up the game, which will probably have a direct impact on betting and scoring.
How will the new rules factor into betting?
All major sportsbooks, including Caesars Sportsbook, will have lines up for every game during the XFL season come 2021, with an opportunity to spice up your betting experience with Betcompare.com and earn some nice bets.
Look for the best point spreads, odds to win and season wins total just like in the NFL.
Fingers crossed it comes back next February.
The XFL was on a reboot with a five-week game played before the COVID-19 pandemic stopped the action. This saw top player Ryan Mueller and WR McKay headed Blue Bombers take an early break.
With many speculations about the league fans still believe in a comeback in 2021 which will see top teams such as:
- Dallas Renegades
- DC Defenders
- Houston Roughnecks
- Los Angeles Wildcats
- New York Guardians
- St. Louis BattleHawks
- Seattle Dragons
- Tampa Bay Vipers
2021 Back in action.
The League asset auction set for august will feature dozens of bidders fight for an opportunity to take over the league in the next February.
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