https://www.sportico.com/2020/personalities/athletes/dwayne-the-rock-johnson-buys-xfl-for-15-million-with-redbird-capital-1234610422/The XFL has been sold to a group that includes former WWE star Dwayne “The Rock’’ Johnson, giving the bankrupt football league the kind of star power that may draw even non-sports fans.
Johnson, an actor and producer who played college football at the University of Miami, teamed up with Gerry Cardinale’s RedBird Capital to buy the league just hours before a planned auction was scheduled to begin.
They paid $15 million, splitting it evenly. Johnson’s business partner, Dany Garcia, who is also his ex-wife, will be a stakeholder as well.
RedBird has made a litany of sports-related investments, including some with ties to the National Football League and its players.
Still don’t think the XFL will last even with the new owners.