Report: The Rock Has Purchased The XFL

According to reports, The Rock and his business partners have purchased the Vince McMahon founded XFL out of bankruptcy for $15 million.

The Rock XFL

Here’s one out of left field.

According to Sportico, The Rock, along with his finance partners, RedBird Capital Partners, have purchased the XFL including all its assets and intellectual properties.

Sportico reports:

“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.

The presence of Johnson, meantime, continues pro wrestling’s involvement in the spring football league, which was founded—and funded—by WWE Chairman and Chief Executive Officer Vince McMahon.”

Despite a successful start to their first season, the XFL was placed into bankruptcy by Vince McMahon when play was forced to be suspended due to the coronavirus pandemic.

McMahon reportedly aimed to purchase the league out of bankruptcy with other interested bidders said to include Disney.

The President of the XFL was clearly delighted that the sale was concluded ahead of an auction set to take place this week. He said:

“This is a Hollywood ending to our sale process and the start of a fantastic new beginning for the XFL with the best possible ownership group going forward,”

The Rock has prior gridiron connections, being one of the most celebrated players on the Miami Hurricanes college team and playing for a short time in the Canadian Football League.

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He also starred as sports executive Spencer Strasmore in the HBO series Ballers. In the series, The Rock’s character worked his way through the sport to eventually purchase the Las Vegas Raiders.

His real-life counterpart has gone one better and bought an entire league!

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