More than one month after the XFL filed for bankruptcy, league owner Vince McMahon is making a major announcement.
The 74-year-old said in his deposition that he’s “not going to be a bidder” amid claims from the unsecured creditors committee that the WWE chairman would attempt to buy back the XFL.
He called claims to the contrary “inflammatory rhetoric and unsubstantiated accusations.”
This news comes just a week after The Athletic’s Daniel Kaplan stated there was some evidence that suggested McMahon is not done with the XFL and creditors truly believe McMahon is actually trying to force a quick sale of the defunct league’s assets to him in an attempt to reboot the rebooted league once again.
The XFL relaunched this year and played five weeks, only to have the season prematurely end due to the ongoing coronavirus pandemic.