The XFL completed its stunning Friday news dump by filing for Chapter 11 bankruptcy on Monday. Listing between $10 and $50 million in assets and liabilities, the league publicly filed its list of creditors, and included among them are seven of its eight head coaches.
Leading the list was Bob Stoops, the (ex-)Dallas Renegades head coach who is owed $1.083 million. Stoops is actually third in line among all of the XFL’s creditors, trailing only the St. Louis Sports Commission ($1.6 million) and Bexel NEP Integrated Solutions ($1.2 million).
Also listed among the league’s creditors:
— Marc Trestman (Tampa Bay Vipers): $777,777.78
— Jonathan Hayes (St. Louis BattleHawks): $633,333.33
— Winston Moss (LA Wildcats): $583,333.33
— Kevin Gilbride (New York Guardians): $583,333.33
— June Jones (Houston Roughnecks): $583,333.33
— Jim Zorn (Seattle Dragons): $583,333.33
It is not known why the league’s eighth head coach, Pep Hamilton of the DC Defenders, was not included in the list obtained by Front Office Sports, which goes down to $215,000. The XFL owes DC Stadium, LLC, just over $316,000.
While we know how much the XFL owed its coaches, we do not know how much time each had remaining on his contract, and thus it would be difficult to draw conclusions on the total value of each contract.
Hamilton worked as Michigan’s assistant head coach and passing game coordinator and received $1 million as severance.
Hamilton, Trestman, Hayes, Moss and Jones were the only head coaches that worked in college or professional football shortly before taking jobs with the XFL. Trestman was the Toronto Argonauts’ head coach in 2017-18 (he was fired after the 2018 season) and Hayes was the Cincinnati Bengals’ tight ends coach through 2018.
Moss was the Green Bay Packers’ assistant head coach and linebackers coach through 2018, and Jones served as the Hamilton Tiger-Cats’ head coach in 2017-18.
The XFL suspended operations in its one and only season after its March 7-8 games, five weeks into a 10-week regular season.
As always, stay tuned to The Scoop for the latest.