THE ROCK TEAMS UP TO Buy XFL

Former wrestler and Hollywood actor Dwayne Johnson, pictured, teamed up with ex-wife Dany Garcia and investment company Redbird Capital Partners to buy the XFL for US$15 million, hours before the bankrupt American Football League was set to be auctioned. They were selected as the winning bidder for “substantially all of the assets of Alpha Entertainment LLC” — parent company of the XFL. The XFL, a reboot of the 2001 league of the same name, had filed for Chapter 11 bankruptcy protection in April, a month after it had to cancel the remainder of its inaugural season because of the COVID-19 pandemic. The transaction is subject to bankruptcy court approval at a hearing on Friday. Popularly known as The Rock, Johnson is famous for his roles in popular movie franchises such as Fast & Furious and Jumanji.