XFL files for bankruptcy, spelling league's end
The XFL filed for bankruptcy on Monday, likely spelling the end of the second iteration of the league.
The WWE-backed XFL had canceled the rest of its return season last month because of the coronavirus pandemic. It suspended operations and laid off its employees Friday.
The league said Monday in a news release that it wasn’t insulated “from the harsh economic impacts and uncertainties caused by the COVID-19 crisis.”
“This is a heartbreaking time for many, including our passionate fans.”
