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The XFL Is For Sale, Formal Bids Due July 6th

According to Dan Primack of Axios, Vince McMahon has put the XFL up for sale. Axios obtained documents that show an investment bank, Houlihan Lokey, is managing the process. Parties interested in purchasing the XFL need to submit a letter of intent by June 12. Formal bids for the league are due on July 6

According to a pitch deck obtained by Axios, the league was on track for $46 million in revenue last year. With an average game attendance of 20K and 1.9 million average broadcast viewers for their nationally distributed games. 

It’ll be tough for Vince to find a taker. However, industry investors tell Primack, though one source says it’s not out of the realm of possibility the XFL finds a new owner.

There are lots of people who are very rich but not rich enough to own an NFL team, so maybe someone will see this as the next best thing at a bargain price,” said the investor, who is not personally mulling a bid for the XFL.

The XFL’s bankruptcy was filed under Chapter 11. Chapter 11 is used for a company to reorganize. Chapter 7 is to liquidate all assets which the XFL did not do. 

The XFL will try to continue, most likely under new ownership. With some reports saying Vince McMahon still wants in on the league.

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Mark Perry, a passionate sports journalist and the founder and editor of XFL News Hub, has been at the forefront of covering the XFL since its revival in 2018. Within days of the XFL's announced return, Mark initiated XFL News Hub to keep the fans abreast of every detail, game, and development of the league. Mark's extensive knowledge of the sport, combined with his unwavering dedication to providing comprehensive and accurate reporting, has made XFL News Hub the go-to platform for all things related to the XFL. His work over the years has brought him recognition in the world of sports journalism, solidifying his place as a leading voice in XFL coverage. Beyond just reporting, Mark believes in fostering a community around the XFL, engaging fans through his innovative content and discussions. If you have any inquiries, comments, or insights you'd like to share, Mark welcomes you to contact him directly at



  1. Jared

    May 11, 2020 at 12:48 pm

    I hope someone buys the XFL and get it running again it was such a good League and was going so well

  2. thatwhizkid

    May 26, 2020 at 2:02 pm

    Agreed. Great games, good players real action intense fun rules made sense refs were fair booth reviews were awesome and informative and showed how the plays were ruled legal (in bounds,out of bounds,TD no TD ,first down whatever it was on point). I can totally see trump buying the entire league to mess with the other brand they wouldn’t approve him for a team and he owned a team in the early 80’s (1980’s) New Jersey /New York area..

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