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Vince McMahon addresses claims he’s trying to buy back the XFL

It appears that Vince McMahon isn’t trying to buy back the XFL after all.

McMahon decided to fold the second attempt at the XFL last month as the pro football league filed for Chapter 11 bankruptcy in the state of Delaware.

The league is looking for a buyer for its assets. Earlier this month, Daniel Kaplan of The Athletic put out a report that noted how XFL creditors “seem to believe” McMahon is positioning to buy the league out of bankruptcy.

The idea behind this belief was that it would allow McMahon to escape debt that the league has following the inaugural season and for him to have a clean slate should he want to try to launch the league back up once the coronavirus pandemic is over.

In an update, ESPN’s Kevin Seifert reported on Tuesday that the latest filing states McMahon straight out stated in a deposition, “I’m not going to be a bidder.” He also stated regarding the claims of him trying to buy back the XFL that they were “inflammatory rhetoric and unsubstantiated accusations.”

Finally, McMahon said he put in “at least” $200 million into the XFL.

 






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