OT: RIP XFL

[FCB02062]

XFL part deux was not that bad. I enjoyed it. Some very good rule innovations.

 

[Kontradiction]

There was a time when large corporations worked like that. Now, they invest just enough to meet market demand and sit on huge reserves of cash. It's one of our society's biggest problems.

You're talking about Fortune 100 companies and companies that are listed on the S&P. In that regard, you are absolutely correct. Those companies upped their cash reserves after The Great Recession. The XFL, for all intents and purposes, was a start-up that was already battling waning demand before its first kickoff. Start-ups are not going to stockpile cash for a rainy day. They need to invest it back into the business in order to grow.

 

[cupofjoe1962]

Maybe next time Vince can have lingerie girls playing & he can call it the XXX-FL

 

[Dragda]

There was a time when large corporations worked like that. Now, they invest just enough to meet market demand and sit on huge reserves of cash. It's one of our society's biggest problems.

my employer has prudent reserves to beat the band. They’re paying our laid off employees and anyone who has to come in contact with the public got a 25% bump. So yeah it just sits there but that’s what it’s for: To do the right thing during stuff like this.

 

[Dragda]

Sorry to see it go. I liked it.

 

[Joey007]

Unfortunate.

The league couldn’t afford any league stoppages in the first season. It wasn’t built strong enough to last something like this outbreak.

They actually had a decent product, unlike the AAF.

 

[PatsFanInVa]

Someday, someone's gonna figure out a way to make professional football in the Spring work.

I hope I'm around to see it.

They could release a virus that makes fall football impossible... waiiiitaminnit...

 

[fnordcircle]

Shame. Felt like they got it right this time - less silly/edgy BS and just some non-NFL tier football with some fun wrinkles.

 

[lancerman]

Someday, someone's gonna figure out a way to make professional football in the Spring work.

I hope I'm around to see it.

No they won’t. The Arena league existed for years. It was effectively a spring league. There is no reason to believe there is a market bigger than the one for that. And there is no sport in this country where the minor league equivalent has performed to the level all these wannabe leagues think they can.

 

[Galeb]

my employer has prudent reserves to beat the band. They’re paying our laid off employees and anyone who has to come in contact with the public got a 25% bump. So yeah it just sits there but that’s what it’s for: To do the right thing during stuff like this.

In very rare cases, those reserves of money can be used for such things, but that is the exception, not the rule. Most large companies keep large reserves of cash so that they can play shell games with money to preserve optics, and insure that the executives always get their bonuses.

 

[Galeb]

You're talking about Fortune 100 companies and companies that are listed on the S&P. In that regard, you are absolutely correct. Those companies upped their cash reserves after The Great Recession. The XFL, for all intents and purposes, was a start-up that was already battling waning demand before its first kickoff. Start-ups are not going to stockpile cash for a rainy day. They need to invest it back into the business in order to grow.

Sixty or 70 years ago, it may have just been the top 100 or so companies. Now it is almost every company with 10K employees, if not 5K.... at least ones that aren't in jeopardy failing.