Actor and former professional wrestler Dwayne Johnson has teamed with business partner Dany Garcia and RedBird Capital to buy the spring football league that filed for bankruptcy in April.
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The partnership has acquired XFL parent company Alpha Entertainment LLC for $15 million days before the league was scheduled for bankruptcy auction on the first half of April.
Johnson played defensive tackle at Miami and was a member of the Hurricanes’ 1991 national championship team.
“Sweatin’ in paradise with my new XFL belt and extra motivation.
XFL is much more than a big business acquisition – it represents an idea.
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The idea of opportunity.
As an owner of the XFL, that’s my priority – create opportunities for players to live out their dreams, feed their families and ball out – XFL style.
I was a good football player with great “upper body violence” as my coach, Ed Orgeron loved to call it 😈💪🏾, so maybe I’ll be the first owner in pro football history to actually suit up and play in the game.
No doubt, I’ll get my ass whupped 🤣but at least I’m goin’ out on my shied – XFL style🛡 What a wild, unpredictable journey life can be and I got nothing but excitement and gratitude to create these opportunities for other players and people 🙏🏾”