XFL, Spring Football League, Peter Navarro discussed on Pro Rata
Tiktok. After we finished taping with Peter Navarro President Trump said this. Whether it's a Microsoft or somebody else buys it that'll be interesting I did say that if you buy it, whatever the price is that goes to whoever owns it because I guess it's China essentially but more than anything else I said a very substantial portion. The price is going to have to come into the treasury of the United States. because. We're making it possible for this deal to happen. No that's not how this works and yes his statements do skate very close to extortion. Or watching today is the XFL. The Spring football league founded by wrestling presario Vince McMahon which fell into bankruptcy after the corona virus. season. Today. An investor group that includes Dwayne the Rock Johnson agreed to pay fifteen million dollars for the XFL's assets and the buyers. Now hope to strike a few major media deals that would justify much greater investment in restarting the League. They were also watching a very different bankruptcy saga. This time when it comes to retail to more big brands went chapter eleven in the past twenty, four hours I men's warehouse and second Lord and Taylor, which is the country's oldest department store chain. We don't know what the future for either of these companies is but I do know that they will not be the last retailers to go bust during the pandemic. And we're done big. Thanks for listening. It's producers Tim Chauffeur's Naomi. Shaven have a great national watermelon day and we'll be back tomorrow with another axios recap..