{"id":72093,"date":"2020-04-14T09:30:04","date_gmt":"2020-04-14T14:30:04","guid":{"rendered":"https:\/\/prowrestling.net\/site\/?p=72093"},"modified":"2020-04-14T00:47:42","modified_gmt":"2020-04-14T05:47:42","slug":"wwe-reportedly-paid-nothing-for-xfl-stock","status":"publish","type":"post","link":"https:\/\/prowrestling.net\/site\/2020\/04\/14\/wwe-reportedly-paid-nothing-for-xfl-stock\/","title":{"rendered":"WWE reportedly paid nothing for XFL stock"},"content":{"rendered":"<div id=\"prowr-3979277397\" class=\"prowr-apple-podcast-button-link prowr-entity-placement\" style=\"margin-left: auto;margin-right: auto;text-align: center;\"><a href=\"https:\/\/podcasts.apple.com\/us\/podcast\/pro-wrestling-boom-podcast\/id1365989370\" aria-label=\"SUBSCRIBE IN APPLE PODCASTS\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?fit=320%2C78&#038;ssl=1\" alt=\"SUBSCRIBE IN APPLE PODCASTS\"  srcset=\"https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?w=320&ssl=1 320w, https:\/\/i0.wp.com\/prowrestling.net\/site\/wp-content\/uploads\/advanced_ads\/2019\/07\/Logo2019_ApplePodcasts_320wide.png?resize=300%2C73&ssl=1 300w\" sizes=\"(max-width: 320px) 100vw, 320px\" width=\"320\" height=\"78\"   \/><\/a><\/div><p><b>By Jason Powell<\/b>, ProWrestling.net Editor (<a href=\"https:\/\/twitter.com\/prowrestlingnet\" target=\"_blank\" rel=\"noopener noreferrer\">@prowrestlingnet<\/a>)<\/p>\n<p>WWE owned 23.5 percent of Class B stock in the XFL, but the company didn&#8217;t actually pay for it. Mike Florio of <a href=\"https:\/\/profootballtalk.nbcsports.com\/2020\/04\/13\/wwe-received-equity-in-xfl-without-paying-for-it\/\" target=\"_blank\" rel=\"noopener noreferrer\">ProFootballTalk.com<\/a> reports that WWE received equity in the XFL at no payment or financial obligation, and that it was apparently done in exchange for granting Vince McMahon the authority to launch the XFL through Alpha Entertainment.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Powell&#8217;s POV:<\/strong><\/span> So Vince rewarded one company he owns with stock from another company that he owns. Got it. There is also talk that WWE received the stock in exchange for Alpha Entertainment using the XFL name. For those who missed it, the XFL filed bankruptcy on Monday.<\/p>\n<div id=\"prowr-1496820314\" class=\"prowr-after-content prowr-entity-placement\"><a class=\"spreaker-player\" href=\"https:\/\/www.spreaker.com\/show\/pwboom\" data-resource=\"show_id=3275525\" data-theme=\"light\" data-playlist=\"show\" data-width=\"100%\" data-height=\"340px\">Listen to \"Pro Wrestling Boom Podcast\" on Spreaker.<\/a><script async src=\"https:\/\/widget.spreaker.com\/widgets.js\"><\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>By Jason Powell, ProWrestling.net Editor&#8230;<\/p>\n","protected":false},"author":5,"featured_media":34900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7,4],"tags":[128,101,1296],"class_list":["post-72093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-misc_news","category-wwe_news","tag-pro-wrestling","tag-wwe","tag-xfl"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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