As reported by Variety:

The XFL has been sold to a group that includes former WWE star Dwayne “The Rock’’ Johnson, giving the bankrupt football league the kind of star power that may draw even non-sports fans. Variety’s sister site Sportico first reported the news.

Johnson, an actor and producer who played college football at the University of Miami, teamed up with Gerry Cardinale’s RedBird Capital to buy the league just hours before a planned auction was scheduled to begin.

They paid $15 million, splitting it evenly. Johnson’s business partner, Dany Garcia, who is also his ex-wife, will be a stakeholder as well.

RedBird has made a litany of sports-related investments, including some with ties to the National Football League and its players.

The presence of Johnson, meantime, continues pro wrestling’s involvement in the spring football league, which was founded—and funded—by WWE Chairman and Chief Executive Officer Vince McMahon.

Continue reading here: https://wrestlingheadlines.com/the-rock-and-redbird-capital-purchase-xfl-for-15-million-hours-before-auction/