CFL/XFL Collaboration

[carlos]

You do realize the CFL was dealing with monumental financial losses due to the cancellation of the 2020 season. Where were they going to find under $20 million for XFL assets? And why?

That's the beauty of a private corporation. Annual estimated revenues prior to 2020 were $200 million per. CFO is out to lunch if required financing could not be obtained. Never before has it ever occurred to me that the CFL is a business more than at the present. All they really want is your money.

[paulwoods13]

That's the beauty of a private corporation. Annual estimated revenues prior to 2020 were $200 million per. CFO is out to lunch if required financing could not be obtained. Never before has it ever occurred to me that the CFL is a business more than at the present. All they really want is your money.

It is not a private corporation. It is nine separate businesses, with an association structure. The CFL did not have $200M in revenues. The nine teams combined might have, but they are separate entities. And further complicating things is the fact there are three distinct ownership structures: widely held public, individual owners and conglomerate owners. The notion that they could (or should) have pooled resources to buy XFL assets seems both fanciful and beside the point, does it not?