THE ROCK HAS COME BACK TO … PRO FOOTBALL !?
The WWE legend just simply up with an investment financial investment to snatch nab Vince McMahons XFL league for $15 million, the league confirms verifies a statementDeclaration
The league had actually applied for personal bankruptcy after being reanimated for the 2020 season– and was expected to be auctioned off to greatest bidder on Monday.
Dwayne Johnson and his partners– Dany Garcia (Rocks company partner and ex-wife) and partners at RedBird Capital (led by Gerry Cardinale)– stroked in and bought it up this weekend before it hit the auction block.
The offer must now be authorized in insolvency court on Friday– and if everything goes smoothly, it might nearby August 21.
The Rock (in addition to Dany) and RedBird are apparently 50/50 partners in the offer.
Remember, the XFL got off to a pretty good start in 2020– but COVID basically functioned as a death sentence to the league, forcing it to close down in March.
The league applied for chapter 11 in April– noting $10 to $50 million in debts.
The Rock provided a declaration saying, “The acquisition of the XFL with my gifted partners, Dany Garcia and Gerry Cardinale, is a financial investment for me thats rooted deeply in two things – my enthusiasm for the game and my desire to constantly look after the fans.”
” With pride and gratitude for all that Ive built with my own 2 hands, I plan to use these callouses to the XFL, and anticipate developing something unique for the gamers, fans, and everybody involved for the love of football.”
The strategy is to relaunch the league– however so far, no schedule has actually been set.
When it comes to The Rock, he famously played college football at the University of Miami back then prior to ending up being a global pro wrestling super star with Vince McMahons WWE.
Hes gone on to turn into one of the greatest stars in Hollywood– and a storyline on his program “Ballers” had his character pursuing the purchase of an NFL franchise.
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