Rmbay wrote: ↑Fri Sep 29, 2023 11:22 am
From the press releases and various tweets, it certainly seems that a merger for 2024 isn't a foregone conclusion, and in fact it wouldn't shock me if they only took half-measures now and let the two leagues play one last season separately. This could allow them to attract investors and give them more time to find homes for some of the franchises on the bubble instead of "benching" them for a year or more or housing them in hubs and alienating fan bases.
Playing separate will have the reverse of attracting investors as cost cutting and 'one league' is where investors are looking to invest.
Playing a wasted year in effect to get to 2025 will be like burning money. It could cost XFL $60mm. Why do that?
I see both sides working endlessly to get this done in time for 2024.
I don't buy that it will have the reverse effect since one league is the endgame here. They could come to a merger agreement but still be under separate cover for time being, similar to the NFL and AFL. And since the eventual goal is one league, the sell to both fans and investors is less difficult, and the money lost most likely less substantial. I'm not saying it's the preferable (or even probable) road, but working endlessly to get this done for 2024 may not be the best for the long run either, especially if you alienate fans in the rush to make something happen.
You think RBC is looking to play a throw away season to lose $60mm just to merge in 2025? They will do what's needed to merge in 2024.
And if they bail on the merger that is better than 50/50 they fold. But I think RBC would rather merge.
Playing separate will have the reverse of attracting investors as cost cutting and 'one league' is where investors are looking to invest.
Playing a wasted year in effect to get to 2025 will be like burning money. It could cost XFL $60mm. Why do that?
I see both sides working endlessly to get this done in time for 2024.
I don't buy that it will have the reverse effect since one league is the endgame here. They could come to a merger agreement but still be under separate cover for time being, similar to the NFL and AFL. And since the eventual goal is one league, the sell to both fans and investors is less difficult, and the money lost most likely less substantial. I'm not saying it's the preferable (or even probable) road, but working endlessly to get this done for 2024 may not be the best for the long run either, especially if you alienate fans in the rush to make something happen.
You think RBC is looking to play a throw away season to lose $60mm just to merge in 2025? They will do what's needed to merge in 2024.
And if they bail on the merger that is better than 50/50 they fold. But I think RBC would rather merge.
By all accounts, their expenses were set to decrease this year and expected revenue of $100 million. I don't believe they'd lose anywhere near $60 million this season
I don't buy that it will have the reverse effect since one league is the endgame here. They could come to a merger agreement but still be under separate cover for time being, similar to the NFL and AFL. And since the eventual goal is one league, the sell to both fans and investors is less difficult, and the money lost most likely less substantial. I'm not saying it's the preferable (or even probable) road, but working endlessly to get this done for 2024 may not be the best for the long run either, especially if you alienate fans in the rush to make something happen.
You think RBC is looking to play a throw away season to lose $60mm just to merge in 2025? They will do what's needed to merge in 2024.
And if they bail on the merger that is better than 50/50 they fold. But I think RBC would rather merge.
By all accounts, their expenses were set to decrease this year and expected revenue of $100 million. I don't believe they'd lose anywhere near $60 million this season
Well RBC may think diff... as Larsen tweeted it was RBC reaching out to USFL.
You think RBC is looking to play a throw away season to lose $60mm just to merge in 2025? They will do what's needed to merge in 2024.
And if they bail on the merger that is better than 50/50 they fold. But I think RBC would rather merge.
By all accounts, their expenses were set to decrease this year and expected revenue of $100 million. I don't believe they'd lose anywhere near $60 million this season
Well RBC may think diff... as Larsen tweeted it was RBC reaching out to USFL.
And Mike Mitchell tweeted it was the football ops people mutually reaching out to each other. There's been no confirmation on either, so it's just as good a theory
laxtreme56 wrote: ↑Fri Sep 29, 2023 2:41 pm
By all accounts, their expenses were set to decrease this year and expected revenue of $100 million. I don't believe they'd lose anywhere near $60 million this season
Well RBC may think diff... as Larsen tweeted it was RBC reaching out to USFL.
And Mike Mitchell tweeted it was the football ops people mutually reaching out to each other. There's been no confirmation on either, so it's just as good a theory
I'm going with Larsen here. This wasn't the brain child of lower level guys, though its likely the story Mike heard. This is a massive decision based on financials.
Well RBC may think diff... as Larsen tweeted it was RBC reaching out to USFL.
And Mike Mitchell tweeted it was the football ops people mutually reaching out to each other. There's been no confirmation on either, so it's just as good a theory
I'm going with Larsen here. This wasn't the brain child of lower level guys, though its likely the story Mike heard. This is a massive decision based on financials.
Those lower level guys have a lot more to lose if either league fails. Losing their low six figure jobs is more impactful than RBC losing less than 1% of their portfolio
laxtreme56 wrote: ↑Fri Sep 29, 2023 3:05 pm
And Mike Mitchell tweeted it was the football ops people mutually reaching out to each other. There's been no confirmation on either, so it's just as good a theory
I'm going with Larsen here. This wasn't the brain child of lower level guys, though its likely the story Mike heard. This is a massive decision based on financials.
Those lower level guys have a lot more to lose if either league fails. Losing their low six figure jobs is more impactful than RBC losing less than 1% of their portfolio
That's not moving the needle. RBC made this decision, lower level guys didn't.
Playing separate will have the reverse of attracting investors as cost cutting and 'one league' is where investors are looking to invest.
Playing a wasted year in effect to get to 2025 will be like burning money. It could cost XFL $60mm. Why do that?
I see both sides working endlessly to get this done in time for 2024.
I don't buy that it will have the reverse effect since one league is the endgame here. They could come to a merger agreement but still be under separate cover for time being, similar to the NFL and AFL. And since the eventual goal is one league, the sell to both fans and investors is less difficult, and the money lost most likely less substantial. I'm not saying it's the preferable (or even probable) road, but working endlessly to get this done for 2024 may not be the best for the long run either, especially if you alienate fans in the rush to make something happen.
You think RBC is looking to play a throw away season to lose $60mm just to merge in 2025? They will do what's needed to merge in 2024.
And if they bail on the merger that is better than 50/50 they fold. But I think RBC would rather merge.
And if they merge everyone will suddenly be swimming in the black? No one is saying anything about them bailing on the merger. They can reach a merger agreement under one entity and still operate as fairly separate leagues for a year if they can't iron out the funding for teams and locations that works for everyone. It's not their ideal option, but it is one, especially if you run the risk in the short term of alienating fans by removing teams from cities to play in hubs which are wearing out their welcome to begin with.
I don't buy that it will have the reverse effect since one league is the endgame here. They could come to a merger agreement but still be under separate cover for time being, similar to the NFL and AFL. And since the eventual goal is one league, the sell to both fans and investors is less difficult, and the money lost most likely less substantial. I'm not saying it's the preferable (or even probable) road, but working endlessly to get this done for 2024 may not be the best for the long run either, especially if you alienate fans in the rush to make something happen.
You think RBC is looking to play a throw away season to lose $60mm just to merge in 2025? They will do what's needed to merge in 2024.
And if they bail on the merger that is better than 50/50 they fold. But I think RBC would rather merge.
And if they merge everyone will suddenly be swimming in the black? No one is saying anything about them bailing on the merger. They can reach a merger agreement under one entity and still operate as fairly separate leagues for a year if they can't iron out the funding for teams and locations that works for everyone. It's not their ideal option, but it is one, especially if you run the risk in the short term of alienating fans by removing teams from cities to play in hubs which are wearing out their welcome to begin with.
2024 XFL stands to lose tens of millions. The merger greatly reduces loss and spreads the loss over 2 main ownership groups. They'll avoid a separate season at all costs. That's all I'm saying. GC will push hard to get this done.
