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27%  
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Keyword: danygarcia

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  • Dwayne 'The Rock' Johnson buys XFL for $15 million with partners Redbird Capital and Dany Garcia

    08/03/2020 8:02:30 AM PDT · by hoagy62 · 63 replies
    CBS Sports ^ | 8/3/20 | Jeff Kerr
    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...