Dwayne “The Rock” buys XFL for $15 million

Photo by Steve Dietl/NBC/NBCU Photo Bank

Washington, D.C, United States — Dwayne “The Rock” Johnson is part of a team that is attempting to buy XFL for $15 million.

Johnson, his ex-wife and a top sports management company are attempting to buy the bankrupt XFL football league for $15 million.

The former WWE wrestling star, -who became one of Hollywood’s most bankable action heroes- and his partners will be buying the assets of the XFL from a private company, Alpha Entertainment, which was founded by the chairman of WWE and the CEO Vince McMahon.

Due to the pandemic Covid-19, Alpha had ended their XFL season early and later on filed for bankruptcy on April.

Despite their partnership with co-owner NBC Sports, the league played only one season in 2001 and the season on 2020 was meant to be it’s grand return to action.

According to a statement, Johnson’s decision to take part in a team to buy the XFL was, “rooted deeply in two things – my passion for the game and my desire to always take care of the fans.”

He continued that he looks forward to “creating something special for the players, fans, and everyone involved for the love of football.”

If the bankruptcy court approves the deal at the hearing on August 7, it’s estimated that the purchase would be completed by the end of the month.