Professional Wrestling Discussion

>NWA Crockett Cup Aprin 22-23 1988

>Watch Indie Tube, NXT UK, Championship Wrestling From Hollywood, OVW TV and Reality of Wrestling today starting at 4pm EDT / 9pm BST in /wooo/tube - http://taima.tv/r/wooo

>Card:

>Card:

>http://www.showbuzzdaily.com/
>https://twitter.com/bryanalvarez

>Watch AEW Dynamite: Tag Team Appreciation Night with /wooo/ in /wooo/tube - http://taima.tv/r/wooo and /wooo/alt - http://taima.tv/r/woooalt at 8pm Eastern//1am London. Dynamite will be preceded by a replay of AEW Dark. On tonight's Dynamite: Tag Team Appreciation Night

• Tonight is a special episode entitled FTR presents Tag Team Appreciation Night.
  
• JERICHO VS ORANGE II: JUDGEMENT DAY: “The DemoGod” Chris Jericho vs. “Freshly Squeezed” Orange Cassidy _{Each man must put $7,000 of their own money on the line, Inner Circle and Best Friends are 🅱️anned from ringside}
  
• TNT Championship bout: “The American Nightmare” Cody (c) vs. Scorpio Sky.
  
• AEW Tag Team Championship bout: Kenny Omega & Hangman Page (c) vs. Jurassic Express
  
• The Young Bucks vs. The Dark Order's Evil Uno and Stu Grayson.
  
• The Rock N' Roll Express, The Brain Busters Tully Blanchard & Arn Anderson to appear.
  
• Moxley and MJF to talk some shit
  

>$7,000 OBLIGATION MATCH...
>***Inner Circle & Best Friends banned from ringside***
>“The DemoGod” Chris Jericho vs. “Freshly Squeezed” Orange Cassidy

>TNT CHAMPIONSHIP MATCH “The American Nightmare” Cody(c) vs. Scorpio Sky

>AEW TAG TEAM CHAMPIONSHIP MATCH: Kenny Omega & Hangman Page (c) vs. (#5) Jurassic Express (Luchasaurus & Jungle Boy w/ Marko Stunt)

>The arguably greatest MMA fighter of all time tapped TO STRIKES in his prime
>While wrestlers like Kevin Nash have in fact never tapped

> Dwayne Johnson, along with former wife and current business partner Dany Garcia of Seven Bucks Entertainment, and RedBird Capital’s Gerry Cardinale, were the only bidder and look to be acquiring the XFL for $15 million in bankruptcy court. The sale may be held up by lawyers for clients who are owed money from Alpha Entertainment, which went into bankruptcy with tens of millions of dollars in unpaid bills.

> The price tag doesn’t come close to covering the league’s outstanding debts at the time it filed for bankruptcy. In addition, with Vince McMahon loaning money instead of funding at the end and declaring himself a secured debtor (meaning he gets paid as precedence over unsecured debtors), that leaves even less money for all the companies owed money after the league closed up at the start of the pandemic.

> The three were said to be equal partners, all putting up $5 million for 33.3 percent ownership. Garcia was said to have been the catalyst, as it was her idea to buy the league and she convinced Johnson it would be a good investment. As far as the business goes, it’s basically a gamble that the three are taking that Vince McMahon wasn’t willing to take.

> The situation is the same for the league as it was when McMahon announced restarting. They need to get television deals that can cover the costs of running an entire league. If they can get that, they can make a go of it. If they can’t, it has no chance.

> Those close to the situation say what is different is that McMahon had told people he was willing to lose money for the first three years with a television deal that paid him no money at all. The idea was to get the league exposure, and prove it has ratings power. And then, with that proven, get rights money. The AAF started the year before with the same idea, but ran out of money and when trying to get rights money from its broadcast partners early to keep the league alive, the broadcast partners turned them down.

> McMahon’s XFL started with strong first week numbers, including more than three million viewers for games on FOX and ABC. The numbers were slightly higher than the AAF opened with. Unlike the first XFL in 2000, which was heavily panned by sports people, the league was generally praised. Ratings fell each week, which was expected at first. Ratings were fine for the first four weeks, but week five continued to drop far more than expected and it went from looking good to being very much a concern about the inability to keep its audience.

> The pandemic then came, so the remaining questions were never answered as to how much ratings would fall, and what value the league would have to networks. The numbers were still higher than sports franchises that were getting solid deals, including the MLS, UFC, AEW and even the NHL. Although of that list, the XFL needed far more than the MLS and AEW needed for survival.

> It’s said that the new owners are gambling that Johnson’s name value and ability to sell will get them a paying television deal for the 2021 season, which right now is planned to start in February. The old league had television deals with ABC, ESPN, FOX, FS 1 and FS 2 for games where the broadcast partners paid for production, but McMahon gave them the games for free.

> McMahon had put up $200 million to start the league, so the idea is that he had established the roots and groundwork in major markets and that th purchase price if they could get paying television deals would be remarkably low, so that’s the upside of the gamble.

> The downside is that McMahon had given up on it after five weeks of losses and with all of his experience and reputation in television, he could not get that deal. The fact McMahon felt there was no future in it. He then stopped funding the league, started instead personally loaning money, and then fired its highest paid employee, Oliver Luck, and then shut down and declared bankruptcy leaving a number of people owed money. However, he did order all fans ticket money returned, which meant he was still considering restarting things after the bankruptcy. He admitted consideration when stories …