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The Dans are joined by Ben Fischer (@BenFischerSBJ) to discuss the lawsuit against the XFL that is going to trial next month. Ben wrote about this in Sports Business Journal (@SBJ). Read his full article here. Oliver Luck was the former commissioner of the XFL and was fired by Vince McMahon. Luck is suing McMahon and Alpha Entertainment for wrongful termination and to recover his remaining salary and bonuses in the amount of $24 million. The cause of the termination was cited by McMahon to be about signing Antonio Callaway when the XFL expressed wishes to not sign any players with a legal and/or immoral past. The key issue in this lawsuit is did Luck breach his contract when he signed Callaway? *** Have a topic you want to write about? ANYONE and EVERYONE can publish for ConductDetrimental.com. Let us know if you want to join the team. Dan Wallach (@WallachLegal) | Dan Lust (@SportsLawLust) | Mike Lawson (@mike_sonof_law) Twitter | Instagram | TikTok | YouTube | Website | Email
The Dans are joined by Ben Fischer (@BenFischerSBJ) to discuss the lawsuit against the XFL that is going to trial next month. Ben wrote about this in Sports Business Journal (@SBJ). Read his full article here. Oliver Luck was the former commissioner of the XFL and was fired by Vince McMahon. Luck is suing McMahon and Alpha Entertainment for wrongful termination and to recover his remaining salary and bonuses in the amount of $24 million. The cause of the termination was cited by McMahon to be about signing Antonio Callaway when the XFL expressed wishes to not sign any players with a legal and/or immoral past. The key issue in this lawsuit is did Luck breach his contract when he signed Callaway? *** Have a topic you want to write about? ANYONE and EVERYONE can publish for ConductDetrimental.com. Let us know if you want to join the team. Dan Wallach (@WallachLegal) | Dan Lust (@SportsLawLust) | Mike Lawson (@mike_sonof_law) Twitter | Instagram | TikTok | YouTube | Website | Email
This episode is about former XFL Commissioner Oliver Luck's lawsuit against WWE CEO and Chairman Vince McMahon. Mike's guest is Jason Cruz, an attorney who practices in Seattle, writes for MMA Payout, and has written about the Luck v. McMahon lawsuit. Jason's firm can be located here. (2:55) Background on McMahon's decision to hire Luck as the commissioner of the rebranded XFL. (5:15) Why the XFL fired Luck "for cause" immediately before filing for bankruptcy. (6:06) Why Luck is suing McMahon personally, and not the XFL (Alpha Entertainment) as a business entity. (9:03) Why is this a fight that McMahon wants? (9:49) Jason explains what a personal guarantee is. (11:28) Mike and Jason discuss the four arguments that McMahon has made in claiming that Luck was properly terminated "for cause." (19:53) What exactly is an "indispensable party" to a lawsuit, and is Alpha Entertainment an indispensable party here? (22:25) Jason explains how Alpha Entertainment's bankruptcy affects the Luck v. McMahon lawsuit. (24:32) How much is Luck's case hurt by the federal judge staying his case as Alpha Entertainment's bankruptcy plays out first? (26:21) What is Jason's prediction for the resolution of this case? The Mike Meltser Podcast is brought to you by Alamo Remedy CBD. Website: Alamo Remedy CBD Promo code: MIKEM Music Credit: Slow Burn by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/4372-slow-burn License: http://creativecommons.org/licenses/by/4.0/
ESPN.com NFL Nation reporter Kevin Seifert stops by to help us perform a preliminary autopsy on the surprisingly sudden death of the XFL – WWE founder Vince McMahon’s second attempt at creating a viable alternative professional football league to that of the mighty NFL. A confident, but visibly mellower McMahon announced the league’s unlikely rebirth at a video press conference on January 28, 2018 (two months before a similar launch by the rival Alliance of American Football) – with resolute commitments to professionalism, innovation and fan-friendliness noticeably absent in the XFL’s farcical first incarnation 17 years earlier. Even after the abrupt collapse of the AAF midway through its first season last April, hopes were still high for “XFL 2.0” as its season kicked off in Washington, DC on February 8, 2020 in front of a near-sellout crowd of hometown Defenders fans at the previously “soccer-specific” Audi Field. Like the Alliance, the quality of football was high, initial TV ratings were strong, and enthusiastic crowds approached 30,000 in markets like St. Louis and Seattle. But it would not last. On March 8, after five weeks of play, the XFL announced its inaugural season would be suspended because of growing COVID-19 pandemic concerns and social distancing mandates. On April 10, the league fully halted day-to-day operations and laid off all its employees – except for Commissioner Oliver Luck, who was terminated the day before. The league (technically, McMahon’s sole-purpose LLC, Alpha Entertainment) then filed for bankruptcy three days later and put itself up for sale. We chat with Seifert on the lead-up to the league’s launch, the current state of affairs, and what might further transpire in the months ahead.
Brandon Thurston reviews the recent events that led up to WWE's decision to cut costs and lay off or furlough workers, as well as the recent closure and bankruptcy of Vince McMahon's XFL. May 2018: WWE discloses it received a minority stake in Alpha Entertainment related to XFL IP transaction with Alpha. https://otp.tools.investis.com/clients/us/wwe/SEC/sec-show.aspx?FilingId=12727687&Cik=0001091907&Type=PDF&hasPdf=1 Dec 2017, Nov 2018, Mar 2019: Vince McMahon sells a total of $379.7 million in WWE shares, most if not all, to fund the XFL/Alpha Entertainment https://twitter.com/wrestlenomics/status/1250129065052422147 Feb 6: Vince McMahon on Q4 earnings call takes XFL questions https://twitter.com/BrandonThurston/status/1249820096220073985 (AUDIO) March 10: Oklahoma Firefighters Pension and Retirement System drops lawsuit against WWE https://twitter.com/wrestlenomics/status/1245030531298967552 March 11: NBA suspends season March 12: Smackdown proceeds in the PC with no audience March 12: XFL suspends 2020 regular season March 12: WWE statement on potential impact of COVID19 https://corporate.wwe.com/investors/news/press-releases/2020/03-12-2020-223008742 -WWE withdraws its earlier Q1 guidance, due to COVID19. -WWE acknowledges it may be forced to cancel events, Wrestlemania not mentioned specifically. -WWE doesn't estimate the potential impact at this time. -WWE has cash & debt capacity of $500 million. "The company had guided 2020 adjusted OIBDA of $250M-$300M and contractual revenue growth of about $185M. For Q1, it had forecast OIBDA of $60M-$65M (a fivefold year-over-year increase)." March 16: Trump issues stay-home guidelines. “Some say July or August”. March 16: WWE announces Wrestlemania will not take place in Tampa, will instead take place at the PC. March 24: Vince McMahon puts 3.5 million of his WWE shares into prepaid forward contract with Morgan Stanley https://otp.tools.investis.com/clients/us/wwe/SEC/sec-show.aspx?FilingId=14033656&Cik=0001091907&Type=PDF&hasPdf=1 March 26: Wrestlemania taping concludes. News breaks Roman Reigns pulls out of Wrestlemania match with Goldberg. March 31: WWE and Sony finalize renewed India TV deal https://corporate.wwe.com/investors/news/press-releases/2020/03-31-2020-080031784 March 31: Fox and FITE announce they'll offer WWE as a PPV. Fox to broadcast 22 hours of WWE library. April 1: Florida Governor Ron DeSantis issues state-wide stay-at-home order https://twitter.com/WFLA/status/1245400616253472771 (AUDIO) April 4: Trump holds call with leaders of sports organizations, including Vince McMahon and Dana White. April 5: WWE sends internal memo from Paul Levesque that a WWE employee had tested positive for COVID-19 Fightful reported and confirmed with WWE on April 11 April 7: WWE announces its Q1 earnings report and conference call will be April 23 after market close. April 9: WWE announces it adjourns annual meeting due to COVID19. April 9: America First Action PAC Announces $26.6M Investment in Battleground States $18.5 million for Florida: $7.2mm in Tampa, $11.3mm in Orlando markets. https://www.a1apac.org/news/america-first-action-pac-announces-26.6m-investment-in-battleground-states/ April 9: Gov. DeSantis amends stay-home order Pro sports were added to a list of essential businesses allowed to stay open in an April 9 memorandum to include “employees at a professional sports and media production with a national audience … only if the location is closed to the general public.” fox6now.com/2020/04/14/florida-stay-at-home-order-amended-pro-wrestling-wwe-deemed-essential/ April 10: XFL lays off most employees, suspends operations. April 10: The Revival are released from WWE. April 10: Vince McMahon decides to return to taping Raw, Smackdown and NXT live every week going forward, beginning with Smackdown on this night. Meltzer reports, “Contracts with both NBC Universal and Fox call for a certain number of shows per year that can be taped. For Raw, that number is three” https://www.f4wonline.com/wwe-news/wwe-resume-live-raw-smackdown-nxt-tv-shows-308611 April 13: WWE and Ad Council partner to launch national PSA for COVID-19 prevention. https://community.wwe.com/hope/news/wwe-and-ad-council-partner-launch-national-psas-raise-awareness-during-covid-19-pandemic https://twitter.com/WWECommunity/status/1249713258325520385 (AUDIO) April 13: Alpha Entertainment (XFL parent) files for chapter 11 bankruptcy http://courtlistener.com/recap/gov.uscourts.deb.180998/gov.uscourts.deb.180998.1.0.pdf https://twitter.com/wrestlenomics/status/1250112332363112448 https://twitter.com/wrestlenomics/status/1250113644286918664 https://twitter.com/wrestlenomics/status/1250114458774654977 https://twitter.com/wrestlenomics/status/1250107587518853120 Debtor's list: https://www.scribd.com/document/456411482/XFL-Chapter-11-Certification-of-Debtor-s-List-of-Creditors April 13: Orange County Mayor Jerry Demmings clarifies that WWE has been deemed an essential business by the governor. https://twitter.com/harryaaron/status/1249814965059497992 (AUDIO) April 13: Gov. DeSantis's press secretary Cody McCloud tells Marc Raimondi that UFC or boxing could be deemed essential. “The memo does not specify specific sports, as long as the event location is closed to the general public.” https://twitter.com/marc_raimondi/status/1249871227000258561 April 14: Gov. DeSantis at press conference on WWE: “There's no crowd or anything. It's a very small number of people. https://twitter.com/wrestlenomics/status/1250188085243060225 April 14: Orange County Sheriff says deputies responded to the PC in March and April https://twitter.com/StephanieCNews/status/1250158815594545157 April 15: Vince McMahon's message to employees https://www.fightful.com/wrestling/exclusives/transcript-vince-mcmahon-s-message-wwe-employees-ahead-cuts April 15: Gov. DeSantis dismissed notions that politics played a role in decision to amend executive order https://twitter.com/NewsGuyGreg/status/1250540257684193280 (AUDIO) Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy
This week features a lengthy discussion about a survey of new ideas Alpha Entertainment released in May. The XFL was also (relatively) active on social media this week. We recap their tweets and discuss the latest AAF news. Hit us up on social media: Follow us on TWITTER, INSTAGRAM, AND FACEBOOK! The post This is the XFL Show Episode 17: Survey Says! first appeared on This is the XFL Show.
Bloomberg business of sports reporter Eben Novy-Williams joins Michael Barr and Scott Soshnick for a discussion of the week's biggest sports business stories, including news from the Super Bowl-bound New England Patriots. The AFC Champions on Jan. 29 will launch the ``Not Done Network,'' which is a 24-hour video stream from Minneapolis, site of the Super Bowl. The network will be available on several platforms, including the team's website, app and YouTube page. We also discuss Vince McMahon's second attempt at a professional football league after the XFL, which lasted just one season before folding. The venture is being funded through McMahon's personal investment vehicle, Alpha Entertainment. Also discussed are the financial implications of the USA Gymnastics sex abuse scandal, David Beckham's soccer team in Miami and what the NBA's framework for legalized sports betting looks like.
John Pollock and Wai Ting discuss Vince McMahon’s announcement of the return of the XFL under Alpha Entertainment in 2020. Watch the full press conference here. Enter POST Wrestling’s Royal Rumble Pool 2018http://postwrestling.com/rumble Subscribe to POST WrestlingiTunes & iOS | Android | Google Play | Stitcher | TuneIn | Mac & PC | RSS POST Wrestling Forum https://forum.postwrestling.com Support our Patreon - The POST Wrestling Café http://www.patreon.com/POSTwrestling Follow us Twitter | Facebook | Instagram | YouTube
PART 2 of our review of the year 2017. THIS TIME we discuss the fall of NXT in 2017 and the mistakes that were made, the horrible 205 Live show and how it has declined since Neville left, the complete mess that is TNA and how it always seems to survive, we discuss the state of lucha including new companies popping up, Vince McMahon starting up Alpha Entertainment and the state of TV, and we also look at the wrestlers that are no longer with us PLUS people in the film industry
Draven issues yet ANOTHER apology as we dissect the SMACKDOWN ROSTER of WWE - Who is Alpha and Beta on the roster BUT MORE IMPORTANTLY - Star Wars THE LAST JEDI talk! This movie can suck a big one and we discuss why. If you like the movie, cover your ears or grow some balls. PLUS, we answer your Facebook Questions, we talk about ALPHA ENTERTAINMENT, AUROLUCHA hiring Russo and Ronnie & Donnie, the ALPHA levels of Randy Orton, we talk about RAMON ROUGEAU again which is ALWAYS a treat, the BETA levels of Lio Rush, and everybody gets berried.
On this Wrestling 2 the MAX episode, Sean Garmer (@W2MSean) Gary Vaughan (@W2mgary) and Paul Leazar (@hailtothechimp7) talk about everything going on in the world of pro wrestling. First up, the guys dive into some Quick Hits. Vince McMahon has sold some of his stock in the WWE worth $100 million dollars to help finance Alpha Entertainment (and his football league). Plus, Batista is talking about coming to WWE full-time, Randy Orton won't be around so much next year, and much more!
TMac is here with the first episode of All Blown Up to give his thoughts on Vince McMahon's new venture Alpha Entertainment, as well as the announcement of the first ever womens WWE Royal Rumble match. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/ringscoops/message Support this podcast: https://anchor.fm/ringscoops/support
On this Wrestling 2 the MAX episode, Sean Garmer (@W2MSean) Gary Vaughan (@W2mgary) and Paul Leazar (@hailtothechimp7) talk about everything going on in the world of pro wrestling.First up, the guys dive into some Quick Hits. Vince McMahon has sold some of his stock in the WWE worth $100 million dollars to help finance Alpha Entertainment (and his football league). Plus, Batista is talking about coming to WWE full-time, Randy Orton won't be around so much next year, and much more!After that, Gary and Paul finally get around to reviewing Ring of Honor's Final Battle! Cody defends the RoH World Title against Dalton Castle, The Young Bucks & Adam Page defend the six man titles against Flip Gordon, Titan, and Dragon Lee! Plus, Jay Lethal battles Marty Scrull, and much more!Then, the guys crown a Superstar of the Week. With the New Year coming closer, who gets the points as we get closer to crowing our Wrestler of the Year?!?
Tonight we have a very special guest on the show, the one and only AJ Shaw, AKA Shotz. Long time friend, fan, and photographer for the Northern Litez, and fellow Pro-Wrestling enthusiast. We recap Clash of Champions, talk Alpha Entertainment and the XFL, and much more! Join us for this ham packed episode
On this Wrestling 2 the MAX episode, Sean Garmer (@W2MSean) Gary Vaughan (@W2mgary) and Paul Leazar (@hailtothechimp7) talk about everything going on in the world of pro wrestling.First up, the guys dive into some Quick Hits. Vince McMahon has sold some of his stock in the WWE worth $100 million dollars to help finance Alpha Entertainment (and his football league). Plus, Batista is talking about coming to WWE full-time, Randy Orton won't be around so much next year, and much more!After that, Gary and Paul finally get around to reviewing Ring of Honor's Final Battle! Cody defends the RoH World Title against Dalton Castle, The Young Bucks & Adam Page defend the six man titles against Flip Gordon, Titan, and Dragon Lee! Plus, Jay Lethal battles Marty Scrull, and much more!Then, the guys crown a Superstar of the Week. With the New Year coming closer, who gets the points as we get closer to crowing our Wrestler of the Year?!?
Tonight we have a very special guest on the show, the one and only AJ Shaw, AKA Shotz. Long time friend, fan, and photographer for the Northern Litez, and fellow Pro-Wrestling enthusiast. We recap Clash of Champions, talk Alpha Entertainment and the XFL, and much more! Join us for this ham packed episode
WE'RE BACK!WE'RE BACK! FINAL SHOW OTY!REMEMBER WRESTLEMANIA 2017?ILLNESS AND HOLIDAYS!DA JOKES! CONCERTS!BROKEN IPOD NEWS!XMAS PRESENTS!TELLYGUFF! ROBOT CHICKEN!THE GRAND TOUR! FOOTBALL!DARK SOULS AND MARIO ODYSSEY!MOVIEGUFF! THE STAR WARS!KIRIKOU AND THE SORCERESS!EMAILS! FOOD COMBOS!OTT TIME KILLING! NETFLIX!WRESTLING POVERTY! WARGAMES!WRESTLING NEWS! TOM ZENK!ALPHA ENTERTAINMENT!AND MUCH, MUCH MORE!
Brandon Thurston reviews the recent events that led up to WWE's decision to cut costs and lay off or furlough workers, as well as the recent closure and bankruptcy of Vince McMahon's XFL.May 2018: WWE discloses it received a minority stake in Alpha Entertainment related to XFL IP transaction with Alpha.https://otp.tools.investis.com/clients/us/wwe/SEC/sec-show.aspx?FilingId=12727687&Cik=0001091907&Type=PDF&hasPdf=1Dec 2017, Nov 2018, Mar 2019: Vince McMahon sells a total of $379.7 million in WWE shares, most if not all, to fund the XFL/Alpha Entertainmenthttps://twitter.com/wrestlenomics/status/1250129065052422147Feb 6: Vince McMahon on Q4 earnings call takes XFL questionshttps://twitter.com/BrandonThurston/status/1249820096220073985 (AUDIO)March 10: Oklahoma Firefighters Pension and Retirement System drops lawsuit against WWEhttps://twitter.com/wrestlenomics/status/1245030531298967552March 11: NBA suspends seasonMarch 12: Smackdown proceeds in the PC with no audienceMarch 12: XFL suspends 2020 regular seasonMarch 12: WWE statement on potential impact of COVID19https://corporate.wwe.com/investors/news/press-releases/2020/03-12-2020-223008742-WWE withdraws its earlier Q1 guidance, due to COVID19.-WWE acknowledges it may be forced to cancel events, Wrestlemania not mentioned specifically.-WWE doesn’t estimate the potential impact at this time.-WWE has cash & debt capacity of $500 million."The company had guided 2020 adjusted OIBDA of $250M-$300M and contractual revenue growth of about $185M. For Q1, it had forecast OIBDA of $60M-$65M (a fivefold year-over-year increase)."March 16: Trump issues stay-home guidelines. “Some say July or August”.March 16: WWE announces Wrestlemania will not take place in Tampa, will instead take place at the PC.March 24: Vince McMahon puts 3.5 million of his WWE shares into prepaid forward contract with Morgan Stanleyhttps://otp.tools.investis.com/clients/us/wwe/SEC/sec-show.aspx?FilingId=14033656&Cik=0001091907&Type=PDF&hasPdf=1March 26: Wrestlemania taping concludes. News breaks Roman Reigns pulls out of Wrestlemania match with Goldberg.March 31: WWE and Sony finalize renewed India TV dealhttps://corporate.wwe.com/investors/news/press-releases/2020/03-31-2020-080031784March 31: Fox and FITE announce they’ll offer WWE as a PPV. Fox to broadcast 22 hours of WWE library.April 1: Florida Governor Ron DeSantis issues state-wide stay-at-home orderhttps://twitter.com/WFLA/status/1245400616253472771 (AUDIO)April 4: Trump holds call with leaders of sports organizations, including Vince McMahon and Dana White.April 5: WWE sends internal memo from Paul Levesque that a WWE employee had tested positive for COVID-19Fightful reported and confirmed with WWE on April 11April 7: WWE announces its Q1 earnings report and conference call will be April 23 after market close.April 9: WWE announces it adjourns annual meeting due to COVID19.April 9: America First Action PAC Announces $26.6M Investment in Battleground States$18.5 million for Florida: $7.2mm in Tampa, $11.3mm in Orlando markets.https://www.a1apac.org/news/america-first-action-pac-announces-26.6m-investment-in-battleground-states/April 9: Gov. DeSantis amends stay-home orderPro sports were added to a list of essential businesses allowed to stay open in an April 9 memorandum to include “employees at a professional sports and media production with a national audience … only if the location is closed to the general public.”fox6now.com/2020/04/14/florida-stay-at-home-order-amended-pro-wrestling-wwe-deemed-essential/April 10: XFL lays off most employees, suspends operations.April 10: The Revival are released from WWE.April 10: Vince McMahon decides to return to taping Raw, Smackdown and NXT live every week going forward, beginning with Smackdown on this night.Meltzer reports, “Contracts with both NBC Universal and Fox call for a certain number of shows per year that can be taped. For Raw, that number is three”https://www.f4wonline.com/wwe-news/wwe-resume-live-raw-smackdown-nxt-tv-shows-308611April 13: WWE and Ad Council partner to launch national PSA for COVID-19 prevention.https://community.wwe.com/hope/news/wwe-and-ad-council-partner-launch-national-psas-raise-awareness-during-covid-19-pandemichttps://twitter.com/WWECommunity/status/1249713258325520385 (AUDIO)April 13: Alpha Entertainment (XFL parent) files for chapter 11 bankruptcyhttp://courtlistener.com/recap/gov.uscourts.deb.180998/gov.uscourts.deb.180998.1.0.pdfhttps://twitter.com/wrestlenomics/status/1250112332363112448https://twitter.com/wrestlenomics/status/1250113644286918664https://twitter.com/wrestlenomics/status/1250114458774654977https://twitter.com/wrestlenomics/status/1250107587518853120Debtor’s list: https://www.scribd.com/document/456411482/XFL-Chapter-11-Certification-of-Debtor-s-List-of-CreditorsApril 13: Orange County Mayor Jerry Demmings clarifies that WWE has been deemed an essential business by the governor.https://twitter.com/harryaaron/status/1249814965059497992 (AUDIO)April 13: Gov. DeSantis’s press secretary Cody McCloud tells Marc Raimondi that UFC or boxing could be deemed essential. “The memo does not specify specific sports, as long as the event location is closed to the general public.”https://twitter.com/marc_raimondi/status/1249871227000258561April 14: Gov. DeSantis at press conference on WWE: “There’s no crowd or anything. It’s a very small number of people.https://twitter.com/wrestlenomics/status/1250188085243060225April 14: Orange County Sheriff says deputies responded to the PC in March and Aprilhttps://twitter.com/StephanieCNews/status/1250158815594545157April 15: Vince McMahon’s message to employeeshttps://www.fightful.com/wrestling/exclusives/transcript-vince-mcmahon-s-message-wwe-employees-ahead-cutsApril 15: Gov. DeSantis dismissed notions that politics played a role in decision to amend executive orderhttps://twitter.com/NewsGuyGreg/status/1250540257684193280 (AUDIO)Support this podcast at — https://redcircle.com/wrestlenomics-radio/donationsWant to advertise on this podcast? Go to https://redcircle.com/brands and sign up.