Dwayne “The Rock” Johnson and RedBird Capital teamed up to purchase the XFL for $15 million just hours before the once-bankrupt league was set for auction, per Sportico. Johnson and Gerry Cardinale, the CEO of Redbird Capital, each paid $7.5 million for the ownership rights to the XFL. According to CBS Sports.
“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,” Johnson said in a press release. “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.”