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Message
One could argue the XFL has already cost Vince close to $100M in just 5 months
Posted on 5/22/18 at 5:01 pm
Posted on 5/22/18 at 5:01 pm
I thought you might find it interesting to know how much Vince has technically lost on the XFL so far.
Last year he put $100M of his own money into the XFL. He did that by selling 3,340,000 shares on Dec 20, 2017 at $28.68 per share for a value of $95,791,200.
With WWE stock closing today at $57.86, had those shares still been invested in WWE, they would be worth $193,252,400.
A missed opportunity of $97,461,200. One could argue the XFL has already cost Vince close to $100M in just 5 months before it's even started.
Last year he put $100M of his own money into the XFL. He did that by selling 3,340,000 shares on Dec 20, 2017 at $28.68 per share for a value of $95,791,200.
With WWE stock closing today at $57.86, had those shares still been invested in WWE, they would be worth $193,252,400.
A missed opportunity of $97,461,200. One could argue the XFL has already cost Vince close to $100M in just 5 months before it's even started.
10
Posted on 5/22/18 at 5:03 pm to pioneerbasketball
And that would be an AWFUL argument
Posted on 5/22/18 at 5:04 pm to pioneerbasketball
WWE stock is doing very well
Posted on 5/22/18 at 5:05 pm to pioneerbasketball
McMahon's decision to try to bring back the XFL is downright self destructive in nature. What a hard headed SOB.
Posted on 5/22/18 at 5:05 pm to pioneerbasketball
But that FOX deal tho
Posted on 5/22/18 at 5:05 pm to pioneerbasketball
Go to an economics class idiot
Posted on 5/22/18 at 5:06 pm to pioneerbasketball
I am shocked that the WWF is a publicly traded company.
Posted on 5/22/18 at 5:08 pm to little billy
Will they at least force Fox into a XFL partnership with the Smackdown deal?
Posted on 5/22/18 at 5:09 pm to Mr Personality
quote:
Go to an economics class idiot
I'm not sure I follow what you're saying
I mean it's certainly premature to say it was a bad call because we haven't seen how the XFL is going to do, but it would really surprise me if it becomes a worthwhile investment for Vince.
Posted on 5/22/18 at 5:11 pm to Fus0623
quote:
But that FOX deal tho
That deal is going to bite Fox in the arse hard.
Posted on 5/22/18 at 5:12 pm to Mr Personality
You forgot the end punctuation.
Posted on 5/22/18 at 5:13 pm to pioneerbasketball
So would you say Vince is Icarus and football immortality is the sun and he flew too close.
Posted on 5/22/18 at 5:14 pm to Mr Personality
I have no idea what you are talking about.
Posted on 5/22/18 at 5:16 pm to Mr Personality
Okay, that last one was good. I enjoy your drunken posting most of the time
Posted on 5/22/18 at 5:18 pm to pioneerbasketball
quote:
One could argue the XFL has already cost Vince close to $100M in just 5 months by pioneerbasketball
Pennies in his pocket.......
Posted on 5/22/18 at 5:34 pm to dukke v
Vince is really rich, but that is still 4 or 5 percent of his net worth.
Posted on 5/22/18 at 5:36 pm to Keys Open Doors
quote:
Vince is really rich, but that is still 4 or 5 percent of his net worth.
But WHY ??? I mean the guy is like 72 years old.... I mean he has A HUGE EGO and I realize this may be part of his so called bucket list........ But With this XFL thing and the so called FOX thing showing Smackdown,,, Not sure whats going on...........
Posted on 5/22/18 at 5:49 pm to Keys Open Doors
Vince is 72 with years of physical toll and steroid abuse. He can't have that many years left.
It's not like he'll ever be hard up for money. This is just a vanity project for him.
It's not like he'll ever be hard up for money. This is just a vanity project for him.
Posted on 5/22/18 at 6:01 pm to pioneerbasketball
XFL is partially responsible for the increased value of the stock.
Posted on 5/22/18 at 6:50 pm to xenythx
And if it fails...again...it's not gonna hurt his brand.
It's just another info-commercial for the new generation who might just watch football.
It's just a small investment for WWE brand to stay popular and relevant. Keep it in the mainstream.
If it works, it's news, if it fails, it's news. But people are talking about it on ESPN.
It's just another info-commercial for the new generation who might just watch football.
It's just a small investment for WWE brand to stay popular and relevant. Keep it in the mainstream.
If it works, it's news, if it fails, it's news. But people are talking about it on ESPN.
This post was edited on 5/22/18 at 6:51 pm
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