close-button

The Rock and RedBird Capital Acquire XFL for $15 Million

sports /
HOLLYWOOD, CALIFORNIA - JULY 13: Dwayne Johnson arrives at the premiere of Universal Pictures' "Fast & Furious Presents: Hobbs & Shaw" at Dolby Theatre on July 13, 2019 in Hollywood, California. (Photo by Kevin Winter/Getty Images)

Will the third time be the charm for the XFL? 🤔

Dwayne "The Rock" Johnson is reportedly partnering with an investor group called RedBird Capital as well as his business partner and ex-wife Dany Garcia to scoop the XFL for $15 million. Sheesh!

Back in April, the XFL filed for Chapter 11 bankruptcy just a few weeks after its comeback season was cut short by the coronavirus. WWE CEO Vince McMahon first announced the return of the action-packed league in early 2018 and invested $200 million into his vision.

Using the momentum of the This Was the XFL "30 for 30" film, among other things, the 8-team league came out out of the gate hot in Feb. 2020, averaging 3.1 million viewers. But numbers quickly dropped to less than a million for some broadcasts, leading operations to shutter for the second time after a single season since 2001.

It's not totally clear what the future holds for the XFL, but The Rock claims the move is "rooted deeply in two things – my passion for the game and my desire to always take care of the fans." He was a defensive lineman for the University of Miami in the early '90s and won a national title.

"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," he continued in a statement.

If XFL football does relaunch, let's hope they give fans what they want by bringing back nicknames like "He Hate Me" and "The Truth" on the back of players' jerseys.

Tags:

sports