XFL Reportedly Loses Money In First Season Under The Rock

XFL Reportedly Loses Money In First Season Under The Rock XFL

XFL has reportedly lost money in its first season under The Rock.

The XFL rebooted this past spring with the league season concluding with the XFL Championship game featuring the Renegades beating the Defenders 35-26 to win the title on May 12.

This marked the first season for the league since 2020 when the XFL’s return was spoiled due to the season being halted by the COVID-19 virus. It was also the first full season for the league since 2001 when it was owned by Vince McMahon and subsequently folded.

In a new report from Forbes, the first season under the ownership of WWE legend Dwayne “The Rock” Johnson lost $60 million and had to cut some jobs as a result.

Next season, XFL has a targeted revenue goal of $100 million with about a quarter of its income coming from its television partner ESPN, which is set to pay the league $20 million per season to broadcast its games.

When speaking about its vision for the future of the league under his management, The Rock said:

“My goal was to get through the first season. This is not just an endeavor that’s going to full up a portfolio and one day we flip it and we’re out. This is legacy. This is the long game.”

Johnson previously explained why he brought the XFL, which you can read here.

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4 months ago by SP3



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