September 02, 2014
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XFL throws WWF for lossSTAMFORD, Conn. (AP) -- World Wrestling Federation Entertainment Inc.'s disastrous XFL venture forced a fourth-quarter loss of $20.4 million and cut full-year profits in 2001 to about a third of the previous year's earnings.
WWF, which took an after-tax charge of $36.2 million on the football league's failure, reported a loss of $20.4 million, or 28 cents per share, for the quarter ended April 30.
XFL's short rise, rapid fall
Just 15 months ago, Vince McMahon stood before a throng at the WWF's theme restaurant in Times Square to unveil his latest can't-miss brainchild: a football league to, in his words, "take you places where the NFL is afraid to go."
XFL gig over for Barker
Barker became a casualty when the XFL ceased operations on Thursday after failing to secure a regional cable deal with UPN.
Fun while it lasted
The Vancouver Times lasted one year. I worked 16-hour shifts, caught my daughter's mumps, lost 17 lb. in 14 days, almost died, and crawled back to Victoria sick, broke and disillusioned.
Plug pulled on XFL
"We just couldn't make it work from a financial standpoint," World Wrestling Federation Entertainment chairman Vince McMahon said.
Joke's on smug Vince
Wearing the smug look of a man who felt he had just proven every XFL critic in North America wrong, he may as well have answered every single question by simply raising his middle finger.
XFL teams surprised, saddened by league's demiseLOS ANGELES (AP) -- Right up until the end, J.K. McKay believed the XFL had a promising future.
Then just like that, it was gone.
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