Aug 03

Dwayne ‘The Rock’ Johnson and Dany Garcia Are Buying the Bankrupt XFL

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Dwayne “The Rock” Johnson and business partner Dany Garcia, alongside investment firm RedBird Capital, announced today that they’re buying substantially all the assets of Alpha Entertainment, parent company of the XFL, for $15 million. The league, which WWE president and CEO Vince McMahon launched in 2001, initially lasted just one season and lost an estimated…

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