Along with ex-wife Dany Garcia and RedBird Capital chief Gerry Cardinale, the ‘Skyscraper’ star reportedly buys out the league’s guardian firm from Vince McMahon for $15 million.
Dwayne “The Rock” Johnson is to grow to be a co-owner of the revamped XFL American soccer league after agreeing a deal to purchase out his previous WWE boss Vince McMahon.
The league was set to go to a chapter public sale this week (finish August 09) however Johnson, his ex-wife and present supervisor Dany Garcia, and RedBird Capital have closed a deal to purchase the XFL’s guardian firm, Alpha Entertainment, for $15 million (£11.5 million).
In an announcement to The Hollywood Reporter, XFL president Tom Pollock known as the deal “a Hollywood ending” for the troubled league, which initially ran for one season in 2001. An try to relaunch the competitors was halted by the COVID-19 pandemic earlier this yr.
Johnson added, “The acquisition of the XFL with my proficient companions, Dany Garcia and (RedBird chief) Gerry Cardinale, is an funding for me that is rooted deeply in two issues – my ardour for the sport and my want to at all times take care of the followers.”
“With pleasure and gratitude for all that I’ve constructed with my very own two arms, I plan to apply these callouses to the XFL, and look ahead to creating one thing particular for the gamers, followers, and everybody concerned for the love of soccer.”
Garcia stated she and her ex-husband plan to develop the XFL model into “a multi-media expertise that our athletes, companions and followers will proudly embrace and love.”
Before discovering fame as one of the WWE’s high wrestlers, the “Skyscraper” star performed American soccer on the University of Miami.
The sale of the league is topic to chapter courtroom approval, which shall be determined at a listening to this Friday, with the deal anticipated to shut on 21 August.