DWAYNE ‘THE ROCK’ JOHNSON has bought the XFL from Vince McMahon in an £11.5million deal. It is the confluence of great passion, tradition and possibility. This station is part of Cox Media Group Television. 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. The Rock (along with Dany) and RedBird are reportedly 50/50 partners in the deal. Our journalists strive for accuracy but on occasion we make mistakes. The Rock (along with Dany) and RedBird are reportedly 50/50 partners in the deal. This is an opportunity. Dwayne “The Rock” Johnson’s is set to add the title of professional sports league owner to his entertainment résumé. To see all content on The Sun, please use the Site Map. Kids Playhouse Is 'Worst Investment Ever!!! “Every XFL player, coach, city and fan is our top priority and we couldn’t be more excited to champion them in an electrifying 2022 season.”, Jeffrey Pollack, the president and COO of the XFL, said Thursday that the league’s new ownership presented an opportunity that was “simply too big to rush back.”, “For the love of football and for the safety of our players and fans, we’ll be back on the field in 2022,” he said Thursday. View this post on Instagram A post shared by therock (@therock) on Oct 1, … League owners Dwayne “The Rock” Johnson and Dany Garcia on Thursday announced the return of the XFL beginning in 2022. “Our work is cut out for us, but we wouldn’t have it any other way,” Johnson, who bought the XFL in August with Garcia and RedBird Capital Partners, said in a video published Thursday on social media. ", With my trail blazing partner @DanyGarciaCo & Red Bird Capital, we have acquired the XFL. Excited to create something special for the fans! The Sun website is regulated by the Independent Press Standards Organisation (IPSO). 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. Dwayne ‘The Rock’ Johnson announces XFL to return in 2022, Theresa Seiger, Cox Media Group National Content Desk, Bob D'Angelo, Cox Media Group National Content Desk, Kelli Dugan, Cox Media Group National Content Desk, Denver Broncos RB Melvin Gordon arrested on DUI charge, Showtime to revive ‘Dexter’ for limited series, 1 death, multiple overdoses in Michigan linked to mysterious purple heroin’, Stevie Nicks takes part in ‘Dreams’ TikTok challenge, Report: Wells Fargo fires 100-plus employees for suspected misuse of COVID-19 relief funds. View our online Press Pack. It was first set up in 2001 but folded after just one year and then McMahon reportedly injected £153m to get it going again in 2020. The deal must now be approved in bankruptcy court on Friday -- and if everything goes smoothly, it could close by August 21. Dwayne “The Rock” Johnson, one of the primary owners of the league, announced via a hype video the league will return for the 2022 season. But, Dwayne Johnson and his partners -- Dany Garcia (Rock's business partner and ex-wife) and partners at RedBird Capital (led by Gerry Cardinale) -- swooped in and bought it up this weekend before it hit the auction block. Learn about careers at Cox Media Group. But with the league set to go for auction, Johnson joined with ex-wife Dany Garcia and investment firm RedBird Capital to purchase the franchise. Get TMZ breaking news sent right to your browser! "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. Dwayne “The Rock” Johnson headlines an ownership group that has agreed to purchase the XFL for $15 … Excited to create something special for the fans!". However, after just five weeks of the new season, the XFL was in ruin because of Covid-19 and McMahon filed for bankruptcy in April. Waiting for your permission to load the comments. PRO FOOTBALL!? "Sports and entertainment are the foundations of the businesses I have built. Dany Garcia added: "For Dwayne, Gerry and myself, this property represents an incredible opportunity. Previously, the league ended play after a single season in 2001, ESPN reported. To inquire about a licence to reproduce material, visit our Syndication site. © 2020 EHM PRODUCTIONS,INC. "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. The Rock, who won a national title playing American football at the University of Miami in 1991 before following his father into wrestling, tweeted: "With my trail blazing partner @DanyGarciaCo & Red Bird Capital, we have acquired the XFL.
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