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The moves come just days after WWE Chairman and CEO Vince McMahon announced that Alpha Entertainment, the firm he created to oversee his alternative pro football league the XFL, was filing for bankruptcy.
The corporation reported assets valued in the $10-50 million range, and has an estimated range of 1,000-5,000 creditors.
“While a handful of executives remain employed, the league currently has no plans to return in 2021,” broadcast partner ESPN reported.
His daughter Stephanie took in about $2 million and his son-in-law Paul (Triple H) Levesque made around $3.3 million.
Gone are the scantily-clad cheerleaders, "He Hate Me" and shirtless comedians. "I don’t think it will be driven by a pro wrestling personality or trying to be ‘off the edge’ as it was the first time," says one observer.
“The Board and I decided a change was necessary as we have different views on how best to achieve our strategic priorities moving forward,” declared WWE Chairman & CEO Vince McMahon.
Millennials and Generation Z were the most excited to see the XFL games.
Two XFL quarterbacks, Landry Jones and Matt McGloin played for the Raiders for three seasons.
“I wish to thank the president and I will continue to be a strong advocate for him and his policies,” the Greenwich resident said.
Ray Dalio, with a net worth of $18.4 billion, was Connecticut's highest-ranking billionaire on this year's list.