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Dwayne 'The Rock' Johnson buys XFL for $15 million with partners Redbird Capital and Dany Garcia
CBS Sports ^ | 8/3/20 | Jeff Kerr

Posted on 08/03/2020 8:02:30 AM PDT by hoagy62

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, RedBird Capital and Dany Garcia teamed up to purchase the XFL for approximately $15 million just hours before the once-bankrupt league was set for auction.

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. Garcia, Johnson's business partner and ex-wife, will also be a stakeholder in the league.

The transaction is subject to bankruptcy court approval at a hearing this Friday, Aug. 7 and, assuming that closing conditions are satisfied, is expected to close on or shortly after Aug. 21.

"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," Johnson said in a press release. "With pride and gratitude for all that I've built with my own two hands, I plan to apply these callouses to the XFL, and look forward to creating something special for the players, fans, and everyone involved for the love of football."

(Excerpt) Read more at cbssports.com ...


TOPICS: Miscellaneous; News/Current Events
KEYWORDS: belongsinchat; chatworthy; danygarcia; dwaynejohnson; gerrycardinale; lastgasp; notnews; redbirdcapital; sports; therock; xfl
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Wait...what???
1 posted on 08/03/2020 8:02:30 AM PDT by hoagy62
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To: hoagy62

League has had a couple attempts at
succeeding.One player they had some
years ago was named He Hate Me.


2 posted on 08/03/2020 8:04:40 AM PDT by raccoonradio
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To: hoagy62

If he was smart.

Fully patriotic.

If you kneel - you are immediately fired.

Affordable food and drink prices.


3 posted on 08/03/2020 8:05:11 AM PDT by 2banana (Common ground with islamic terrorists-they want to die for allah and we want to arrange the meeting)
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To: hoagy62

I’d become an XFL fan if Dwayne made it BLM-free.
Kneel and you’re out on your a$$.


4 posted on 08/03/2020 8:05:30 AM PDT by pghoilman (Earth First. We'll drill the rest of the galaxy later.)
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To: hoagy62

I was really enjoying the XFL before the pandemic hit.
It was the last refuge of the non-kneelers. The games
were fun to watch and the players seemed to be genuinely
grateful for the opportunity.

The Rock is a Democrat so I hope he doesn’t screw that all up.


5 posted on 08/03/2020 8:05:59 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: hoagy62

Ka-Kaw! Go Battlehawks!


6 posted on 08/03/2020 8:06:22 AM PDT by Repealthe17thAmendment
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To: hoagy62

I know a guy who was an assistant coach on one of the teams. Young guy who was assistant at a Div. II college, and so was a big jump and opportunity/risk for him. Unfortunately when the league shut down, coaches and players were scattered. They will have to rebuild the teams and staffs.


7 posted on 08/03/2020 8:08:47 AM PDT by PGR88
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To: Buckeye McFrog

Ditto, ditto, ditto, and ditto.


8 posted on 08/03/2020 8:09:28 AM PDT by BenLurkin (The above is not a statement of fact. It is either opinion or satire. Or both.)
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To: pghoilman

That’s unlikely. He’s gotten more woke since Trump took office.


9 posted on 08/03/2020 8:11:17 AM PDT by Aetius
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To: hoagy62

I’ve switched from football to riots. More entertaining.


10 posted on 08/03/2020 8:12:43 AM PDT by Ouchthatonehurt
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To: hoagy62

More kneelers?


11 posted on 08/03/2020 8:14:04 AM PDT by Gay State Conservative (The Rats Just Can't Get Over The Fact That They Lost A Rigged Election!)
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To: 2banana

Pro-America.
Politics- and SJW-free.
Affordable.
Family-friendly players and play.

Back to original football and succeed.


12 posted on 08/03/2020 8:14:26 AM PDT by polymuser (It's discouraging to think how many people are shocked by honesty and so few by deceit. Noel Coward)
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To: hoagy62

With the fall of the NFL and some patriotic leadership this could be genius timing.


13 posted on 08/03/2020 8:15:35 AM PDT by Manic_Episode (Liberals look for trouble, find it everywhere, diagnose it incorrectly and apply wrong remedies...)
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To: Repealthe17thAmendment

Back in the day I loved the San Antonio Gunslingers. I guess that name is to offensive today.

Like others have said, ban political messages but give the cheerleaders more close-ups.


14 posted on 08/03/2020 8:16:46 AM PDT by redshawk ( I want my red balloon. ( https://youtu.be/V12H2mteniE))
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To: hoagy62

A fool and his money are soon parted.


15 posted on 08/03/2020 8:17:25 AM PDT by allendale
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To: hoagy62

I don’t know what 15 million buys you with the XFL, but it’s probably many millions less than what was initially invested and Dwayne Johnson probably has that in his couch cushions... not that he is using his own money. There is an unmet need for spectator sports right now, and an unmatched opportunity to upset the status quo.


16 posted on 08/03/2020 8:17:42 AM PDT by jz638
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To: redshawk

I loved the USFL too, which is why for so many years I had a negative view of Trump. He kind of blew it up with his move to the fall and attempt to force a merger with the NFL in court.

Of course it wasn’t his fault that Liberal New York jurors awarded just $3 because “we didn’t think that Donald Trump needed any more money” (an exact quote from one of them).


17 posted on 08/03/2020 8:19:45 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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To: hoagy62

He would be better off bringing back the Lingerie League

https://www.youtube.com/watch?v=UwVuYT_TA3s


18 posted on 08/03/2020 8:19:58 AM PDT by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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To: hoagy62

I think people will discover that The Rock has become part of the Cancel Culture. In some ways, most athletes are followers and not leaders. The Rock is half black, and seems to think he must do or say certain things to keep is street cred. as somebody ‘down wit da struggle’.

I expect to find out he is a big supporter of all matters BLM. Maybe not, he may have matured and gotten more independent in his thinking.
Keep in mind his movies that have made him rich. They appeal to a somewhat low level of smash/bang/boom audiences.
He makes a business of appealing to those thought to be
‘the masses’.


19 posted on 08/03/2020 8:21:33 AM PDT by lee martell
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To: Manic_Episode

“With the fall of the NFL and some patriotic leadership this could be genius timing.”

IF The Rock is about financial success and keeps the league “social issue neutral”, yes.


20 posted on 08/03/2020 8:22:51 AM PDT by polymuser (It's discouraging to think how many people are shocked by honesty and so few by deceit. Noel Coward)
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