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Sportico and Axios independently reported on
the progress of talks on Tuesday, with regulatory approval and
combining of stakeholders among the remaining hurdles the sides
would need to clear.
The USFL is owned by Fox Corporation and had a broadcast
agreement that included NBC.
Dwayne "The Rock" Johnson, business partner Dany Garcia and
RedBird Capital Partner purchased the XFL out of bankruptcy
proceedings from Vince McMahon, the former CEO of World
Wrestling Entertainment.
Forbes reported the first year of the XFL reboot in spring 2023
lost $60 million.
Disney is the featured media partner of XFL games.
McMahon started the XFL in 2001, but the league was shuttered
before 2002. He pulled all of the levers to bring it back in
2020 but those plans were ultimately derailed by the COVID-19
pandemic.
--Field Level Media
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