SaysWho? Posted August 3, 2020 Share Posted August 3, 2020 https://www.cbssports.com/nfl/news/dwayne-the-rock-johnson-buys-xfl-for-15-million-with-partner-redbird-capital-per-report Quote The XFL will live on, thanks to another WWE legendary figure taking the majority stake in the football league -- but this time it's not Vince McMahon. Dwayne "The Rock" Johnson and RedBird Capital teamed up to purchase the XFL for $15 million just hours before the once-bankrupt league was set for auction, per Sportico. Johnson and Gerry Cardinale, the CEO of Redbird Capital, each paid $7.5 million for the ownership rights to the XFL. RedBird Capital is an investment firm that focuses on providing flexible and long-term capital to help entrepreneurs grow their businesses, and the XFL will be its latest challenge. Dany Garcia, Johnson's business partner and ex-wife, will also be a stakeholder in the league. Johnson is the latest WWE figurehead to own the XFL after WWE chairman and Vince McMahon had two attempts at the league. McMahon formed a partnership with Dick Ebersol and NBC in 2001, which was run as a joint venture before the league folded after one season. McMahon, also the founder and owner of Alpha Entertainment, revived the league for the 2020 season, but that second attempt was cut short due to the coronavirus pandemic after five weeks. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted August 3, 2020 Share Posted August 3, 2020 I could swear that back in the day, there was some WWE segment where Vince pretended to sell the XFL on a TV auction for a dollar. I can find no evidence of this online. Maybe I made it up? EDIT: found it lel. A late night skit, I think: If The Rock paid more than $29.95 and didn’t get the tshirt, he got hosed. Quote Link to comment Share on other sites More sharing options...
gamer.tv Posted August 3, 2020 Share Posted August 3, 2020 Well...Dwyane Johnson certainly understands [American] Football and possibly with his brand recognition, it might grow through that. Or, maybe he's going to pay slightly more than the CFL and ruin them to seek his revenge on his football career. Quote Link to comment Share on other sites More sharing options...
Joe Posted August 3, 2020 Share Posted August 3, 2020 22 minutes ago, Kal-El814 said: I could swear that back in the day, there was some WWE segment where Vince pretended to sell the XFL on a TV auction for a dollar. I can find no evidence of this online. Maybe I made it up? EDIT: found it lel. A late night skit, I think: If The Rock paid more than $29.95 and didn’t get the tshirt, he got hosed. Those cheerleaders jokes, wow. Times have changed lol. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted August 3, 2020 Share Posted August 3, 2020 1 hour ago, Joe said: Those cheerleaders jokes, wow. Times have changed lol. The cameras in the cheerleader locker room wasn’t a joke, they did a stunt related to it. It’s... something. Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted August 3, 2020 Share Posted August 3, 2020 15 Million? that seems low right? Quote Link to comment Share on other sites More sharing options...
rc0101 Posted August 3, 2020 Share Posted August 3, 2020 Not sure how the Rock will solve the lack of QB talent that plagued the XFL the first time. Quote Link to comment Share on other sites More sharing options...
Brian Posted August 3, 2020 Share Posted August 3, 2020 1 hour ago, rc0101 said: Not sure how the Rock will solve the lack of QB talent that plagued the XFL the first time. Make it a viable alternative to college. Rock might have a better chance to get the NFL on board with the XFL as a feeder league. Quote Link to comment Share on other sites More sharing options...
rc0101 Posted August 4, 2020 Share Posted August 4, 2020 3 hours ago, ManUtdRedDevils said: Make it a viable alternative to college. Rock might have a better chance to get the NFL on board with the XFL as a feeder league. Yeah I think being a minor league is their only hope. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted August 4, 2020 Share Posted August 4, 2020 5 hours ago, skillzdadirecta said: 15 Million? that seems low right? Seems like a bargain if he manages to make the league take off. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.