2020-04-14

Bob Stoops among creditors listed in XFL bankruptcy filing

Bob Stoops is among the creditors listed in XFL's filling of Chapter 11 bankruptcy in United States Bankruptcy court in Wilmington, Del., the Wall Street Journal first reported on Monday.

Stoops is one of seven coaches listed, according to Action Sports' Darren Rovell, he's owed over $1M.

The Stamford-based World Wrestling Entertainment, the parent company of Alpha Entertainment, had over 23.5% ownership of class B shares of the defunct league.

Vernon Bryant/The Dallas Morning News

Prior to Friday's announcement of the league-wide layoffs in a 10-minute conference call, Jeffrey Pollack, Chief Executive Officer of the league, reportedly didn’t consult with board members, sources told Rovell on Monday.

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Bob Stoops, Other Sooners' XFL Careers End After League Shuts Down

“The WWE board has no role in the XFL, and there was no conversation, that happened,” Jerry McDevitt, an attorney for WWE said in statement.

The executives of the league are reportedly looking for potential buyers, The Journal reported on Monday evening.

Stoops ends his abbreviated XFL coaching career 2-3.



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