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Dwayne “The Rock” Johnson Buys the XFL Out of Bankruptcy with Partners

Dwayne Johnson is one of the new owners of the XFL. According to Sportico, the actor and former WWE star is part of a group the purchased the failed football league, founded by WWE CEO/chairman Vince McMahon, out of bankruptcy following its failed 2020 return season. Johnson, who played football at the University of Miami before his professional wrestling career, teamed with Gerry Cardinale’s RedBird Capital to buy the league hours before it was to go up for auction. Each party paid $15 million. Dany Garcia, Johnson’s business partner, who is also his ex-wife, is also a stakeholder in the league.

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