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The XFL was shut down permanently this spring due to the coronavirus pandemic.

Ownership Group Led By Dwayne Johnson Purchases XFL For $15 Million After The League Declared Bankruptcy

Gettyimages | Alika Jenner
By Yuriy Andriyashchuk

The XFL made its long-awaited comeback in 2020 after only lasting one season back in 2001. It was brought back by WWE's Vince McMahon but the league was forced to cease operations again via bankrupcy due to the coronavirus pandemic. Eight teams were announced for the 2020 season as its initial comeback for this season was announced back in 2018 by McMahon. Many enjoyed the XFL this spring before it sadly ended again but now, we may be seeing it again sooner than we think.

An ownership group led by Dwayne "The Rock" Johnson is now buying the XFL for $15 million.
Gettyimages | Kevin Winter

An ownership group led by actor/former WWE star Dwyane "The Rock" Johnson is now purchasing the XFL for $15 million, as announced by Johnson on social media today. Johnson's partners in this move are Dany Garcia and Gerry Gardinale. He cited his passion for the sport and fans.

“The acquisition of the XFL with my talented partners, Dany Garcia and Gerry Cardinale, is an investment for me that’s rooted deeply in two things: My passion for the game and my desire to always take care of the fans," said Johnson in a statement.

The XFL will attempt a second comeback following the latest purchase by Johnson, Dany Garcia, and Gerry Cardinale.
Gettyimages | John McCoy

"With my trail blazing partner @DanyGarciaCo & Red Bird Capital, we have acquired the XFL.," added Johnson on Twitter. "With gratitude & passion I’ve built a career with my own two hands and will apply these callouses to our @xfl2020 brand. Excited to create something special for the fans! #XFL #fullcircle"

XFL President and Chief Operating Officer Jeffrey Pollack also spoke on Monday regarding the purchase and couldn't be anymore excited to have Johnson and his partners leading the XFL comeback.

XFL President and Chief Operating Officer Jeffrey Pollack believes the league is in good hands with The Rock and his ownership group.
Gettyimages | NBC

“We are grateful for today’s outcome,” said Pollack today. “This is a Hollywood ending to our sale process and it is an exciting new chapter for the league. Dwayne, Dany and Gerry are a dream team ownership group and the XFL is in the best possible hands going forward.”

Prior to the latest XFL shutdown, the league saw 20,000 fans per game. Ratings were also strong at the start due to high anticipation but slowly started to drop as March neared.

Gettyimages | Scott Taetsch

Johnson has a football history as well as he played Defensive Tackle at the University of Miami from 1990-1994 and won a national championship with the team in 1991. He dealt with a myriad of injuries, though. Johnson ended up briefly playing in the Canadian Football League (CFL) with the Calgary Stampeders. That's when he transitioned to wrestling along with acting. Fans are now excited to see what he brings to the XFL and if he is able to make the league stay for good.

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