The Rock partnered with Gerry Cardinale’s RedBird Capital to purchase the XFL for $15 million Monday.
Scott Soshnik of Sportico broke terms of the deal, which came just before the league and its assets were set to go up for auction. Vince McMahon’s football league filed for bankruptcy protection earlier this year after the COVID-19 pandemic wiped out the inaugural season of the upstart’s return.
XFL President Jeffrey Pollack confirmed the news to Ben Fischer of Sports Business Journal.
SOURCE: Bleacher Report