Dwayne ‘The Rock’ Johnson buys WWE owner Vince McMahon’s XFL franchise in $15m deal


Dwayne Johnson is now the co-owner of the XFL, an American football league, following a $15million deal.

It could be a scene directly from the Hollywood actor’s HBO series Ballers, where he plays a character called Spencer Strasmore who is a former NFL star turned financial advisor.

Dwayne Johnson is now the co-owner of the XFL
Getty Images – Getty

The former WWE superstar is the highest paid actor in the world and can add professional sports league owner to the list.

Johnson joined forces with his ex-wife Dany Garcia and investment firm RedBird Capital Partners to buy the league in the hope of giving it another fresh start.

The XFL is the brainchild of WWE chairman Vince McMahon but has twice failed to get off the ground.

The latest iteration earlier this year saw the league file for bankruptcy halfway through their return season amid the coronavirus pandemic.

Vince McMahon has twice tried to get the XFL off the ground as a rival of the NFL

Following the deal, Johnson said: “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.

“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.”

Johnson was a defensive tackle for the University of Miami between 1990 and 1994 where he helped them win the National Championship in 1991.

The nearest he got to professional football was in the Canadian football League but was cut by the Calgary Stampeders two months into the 1995 season.

XFL president Jeffrey Pollack said Johnson and his group were a ‘dream team ownership group and the XFL is in the best possible hands going forward.”


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