The Rock just made a new investment!
According to reports, The Rock and his investment partner RedBird Capital bought the bankrupt football league just hours before it was set to go to auction. The price was $15 million, split evenly between The Rock and RedBird Capital.
With my trail blazing partner @DanyGarciaCo & Red Bird Capital, we have acquired the XFL.
With gratitude & passion I’ve built a career with my own two hands and will apply these callouses to our @xfl2020 brand.
Excited to create something special for the fans! #XFL #fullcircle pic.twitter.com/LprJ6HjglD
— Dwayne Johnson (@TheRock) August 3, 2020
Well now we know.
Congratulations to my partners @TheRock and #GerryCardinale.
Let's make magic!!!
— Dany Garcia (@DanyGarciaCo) August 3, 2020
XFL president Jeffrey Pollack was thrilled that t movie star bought his football league.
“This is a Hollywood ending to our sale process and it is an exciting new chapter for the league,” Pollack said, via Eric Fisher of SportsBusiness Group.