Former WWE superstar and acton movie star Dwayne “The Rock” Johnson has bought the XFL football league along with his business partner Gerry Cardinale and his Ex-wife Dany Garcia.
The XFL is a professional American football league in the United State. the football league consist of just eight teams at the moment equally divided between the East and Western division, the league is the successor of the original XFL, which use to be in control of former WWF chairman Vince McMahon’s World Wrestling Federation (WWF, now WWE) and the NBC.
The Rock who is now an international movie star and producer played college football at the University of Miami teamed up with Gerry Cardinale’s RedBird Capital to acquire the league just hours before a proposed auction sale was scheduled to start.
The pair will split ownership along with Johnson’s ex-wife, Dany Garcia who is also his business partner. According to a court filing, this was the only qualified bid. The transaction is subject to bankruptcy court approval at a hearing this Friday, August 7 and, assuming that closing conditions are satisfied, is expected to close on or shortly after August 21.
Dwayne Johnson said in a press release;
“The acquisition of the XFL with my talented partners, Dany Garcia and Gerry Cardinale, is an investment for me that’s rooted deeply in two things – my passion for the game and my desire to always take care of the fans.
“With pride and gratitude for all that I’ve built with my own two hands, I plan to apply these callouses to the XFL, and look forward to creating something special for the players, fans, and everyone involved for the love of football.”
In recent years, The Rock has expanded his reach to television, serving as the creator, executive producer and host of The Titan Games on NBC. He also stars on HBO’s Ballers, where he plays a sports agent who ventures into the world of sports ownership.
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