The Rock Just Bought the XFL for $15M
Don't count out the XFL just yet.
The twice-shuttered professional football league has gotten off the mat thanks to former WWE superstar Dwayne "The Rock" Johnson.
It was announced Monday that the XFL, which hit rock bottom on April 13 when the league declared Chapter 11 bankruptcy, has been purchased by Johnson and a group of investors for $15 million.
"The acquisition of the XFL with my talented partners, Dany Garcia and Gerry Cardinale, is an investment for me that's rooted deeply in two things — my passion for the game and my desire to always take care of the fans," said Johnson. "With pride and gratitude for all that I've built with my own two hands, I plan to apply these callouses to the XFL, and look forward to creating something special for the players, fans, and everyone involved for the love of football."
Johnson is no stranger to the game of football. The self-proclaimed Great One played for the Miami Hurricanes in the early 90s and then joined the CFL before turning to professional wrestling.
That's another connection Johnson has to the league. The first two iterations of the XFL were owned by the WWE Chairman and CEO Vince McMahon.
McMahon poured in more than $200 million into the rebirth of the XFL only for its eight teams to suspend play after five weeks due to the coronavirus outbreak. The league laid off almost all of its staff on April 10.
While we don't know what The Rock's plans are for the XFL's third life — or if it's just an elaborate plan to bring back Ballers — we do know it'll be electrifying.
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