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XFL lost about $60 million in first year under new ownership, according to reports: Media Views

Related Topics: XFL, Dany Garcia

The Battlehawks led the XFL in attendance and television ratings, but that didn't keep the league from reportedly losing about $60 million this year.

That's how much financial publication Forbes says the league dropped in its first season of being owned by movie star and former pro wrestling standout Dwayne “The Rock” Johnson, his longtime business partner and former wife Dany Garcia as well as investments from the Walt Disney Co. — which televised the games across four of its networks — plus RedBird Capital Partners. But Forbes said that the XFL projects it will have $100 million in revenue next season.