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Dwayne 'The Rock' Johnson, investor group agree to buy XFL for $15M
A group including actor and former WWE star Dwayne Johnson has agreed to purchase the XFL for about $15 million, according to a news release issued Monday morning.
The XFL declared Chapter 11 bankruptcy April 13 and has been seeking a buyer for the past three months, marketing itself as a made-for-TV product that could transition as early as 2021 to a bubble concept during the coronavirus pandemic.
Johnson and his investors -- who include his business partner Dany Garcia along with RedBird Capital Partners -- are making plans to play next season, Garcia told ESPN.
https://www.espn.com/xfl/story/_/id/29588303/dwayne-rock-johnson-investor-group-agree-buy-xfl-15m
