The XFL was five weeks through their “rebirth” season before the league was shut down due to COVID-19. One month later, the league’s parent company, Alpha Entertainment LLC, filed for bankruptcy, leaving the XFL without an owner.
Insert Dwayne “The Rock” Johnson, who is now a minority owner in the league.
Johnson, his business partner Dany Garcia, Gerry Cardinale, and RedBird Capital Partners have teamed up to buy the XFL for $15 million.
“The acquisition of the XFL with my talented partners, Dany Garcia and Gerry Cardinale, is an investment for me that’s rooted deeply in two things — my passion for the game and my desire to always take care of the fans,” Johnson said.
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
Four former Longhorns played in the XFL last season, spanning across three different teams.
Defensive end Cedric Reed and guard Patrick Vahe played for the Los Angeles Wildcats, while Kent Perkins was a starting guard for the St. Louis Battlehawks. Wide receiver Jerrod Heard wrapped up former Texas players in the league, playing for the Dallas Renegades.
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