Wrestlenomics Radio

Brandon Thurston reviews the recent events that led up to WWE's decision to cut costs and lay off or furlough workers, as well as the recent closure and bankruptcy of Vince McMahon's XFL.May 2018: WWE discloses it received a minority stake in Alpha Entertainment related to XFL IP transaction with Alpha.https://otp.tools.investis.com/clients/us/wwe/SEC/sec-show.aspx?FilingId=12727687&Cik=0001091907&Type=PDF&hasPdf=1Dec 2017, Nov 2018, Mar 2019: Vince McMahon sells a total of $379.7 million in WWE shares, most if not all, to fund the XFL/Alpha Entertainmenthttps://twitter.com/wrestlenomics/status/1250129065052422147Feb 6: Vince McMahon on Q4 earnings call takes XFL questionshttps://twitter.com/BrandonThurston/status/1249820096220073985 (AUDIO)March 10: Oklahoma Firefighters Pension and Retirement System drops lawsuit against WWEhttps://twitter.com/wrestlenomics/status/1245030531298967552March 11: NBA suspends seasonMarch 12: Smackdown proceeds in the PC with no audienceMarch 12: XFL suspends