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The Rock Buys XFL In $15 Million Deal with Investment Partner
Aug 3, 2020
Dwayne "The Rock" JohnsonBuys XFL In $15 Mil Deal... That's What I'm Cooking!!
FINALLY, THE ROCK HAS COME BACK TO ... PRO FOOTBALL!?
The WWE legend just teamed up with an investment group to snatch up Vince McMahon 's XFL league for $15 million, according to Sportico .
The league had filed for bankruptcy after being resurrected for the 2020 season -- and was supposed to be auctioned off to highest bidder on Monday.
But according to Sportico, The Rock (real name Dwayne Johnson) and his partners at RedBird Capital swooped in and bought it up this weekend before it hit the auction block.
The Rock and RedBird are reportedly 50/50 partners in the deal.
Remember, the XFL got off to a pretty decent start in 2020 -- but COVID essentially served as a death sentence to the league, forcing it to shut down in March.
The league filed for Chapter 11 in April -- listing $10 to $50 million in debts.
As for The Rock, he famously played college football at the University of Miami back in the day before becoming a global pro wrestling superstar with Vince McMahon's WWE.
He's gone on to become one of the biggest stars in Hollywood -- and a storyline on his show "Ballers" had his character pursuing the purchase of an NFL franchise.
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