Dwayne Johnson Buys the Bankrupt XFL in a $15 Million Deal With Partner RedBird Capital

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Art becomes reality with Dwayne Johnson‘s latest move to become a bonafide businessman in the vein of his character in HBO’s Ballers. The actor and producer has teamed up with Dany Garcia and Gerry Cardinale’s RedBird Capital to buy the XFL, the bankrupt football league founded by WWE CEO Vince McMahon, in a $15 million deal with the aim of “developing the XFL brand into a multi-media experience that our athletes, partners and fans will proudly embrace and love,” Garcia said.


According to The Hollywood Reporter, actor, producer, retired professional wrestler, and former American football player Dwayne Johnson can now add part owner of the XFL to his resume. The multihyphenate has teamed up with Garcia and RedBird Capital to buy the XFL on the verge of the football league’s bankruptcy auction, which was scheduled to start this week. But with Redbird, Johnson, and Garcia’s acquisition of XFL parent company Alpha Entertainment for $15 million, these proceedings have been canceled.

Dwayne Johnson Buys the Bankrupt XFL in a $15 Million Deal With Partner RedBird Capital
 
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