Dwayne Johnson & RedBird Capital Buy XFL For $15 Million

Dwayne “The Rock” Johnson and Gerry Cardinale’s RedBird Capital just bought the XFL, giving the bankrupt football league another boost of life.

As Sportico reports, the investment firm behind the league purchase spent $15 million on the XFL, just hours before an auction was set to take place. The purchase will be split evenly between the investors, with Johnson’s business partner/ex-wife Dany Garcia to be a stakeholder also. This isn’t the first time RedBird has made an investment in sport, as the firm previously invested in numerous NFL teams and players.

This story is being updated.