The XFL suspended operations on Friday and laid off all of its employees, according to ESPN's Field Yates.
The upstart league canceled its season on March 12, joining the NBA, MLB, NHL and nearly all sports leagues across the globe.
"All players will be paid their base pay and benefits for the 2020 regular season," the XFL said in a statement on March 12. "The XFL is committed to playing a full season in 2021 and future years."
The XFL was five weeks into its first season since 2001 before the coronavirus suspension.