Category: XFL News
Official: The Rock, Dany Garcia And Company Now Own The XFL
The XFL is now owned by a company formed by The Rock and his partners. The company is called Alpha Acquico, LLC. Both Rock and his ex-wife and business partner Dany Garcia confirmed the deal closed on Friday. “The deal is official closed and “the keys” to the XFL have been handed over. I humbly…
The Rock’s Deal To Acquire The XFL Set To Become Official
The sale of the XFL to Alpha Acquico, LLC, the company formed by The Rock and his partners to acquire the league, has been approved. U.S. District Court Judge Laurie Silverstein approved the deal in a hearing held with the Official Committee of Unsecured Creditors for Alpha Entertainment, who filed opposition to sale. The creditors…
XFL Creditors Attempting To Stop Sale Of League To The Rock’s Group
The Rock’s purchase of the XFL is already facing opposition. As reported, here on WrestlingNews.com, The Rock, along with RedBird Capital have agreed to purchase the league out of bankruptcy. A group of the XFL’s creditors, known as the Official Committee of Unsecured Creditors for Alpha Entertainment, filed a motion attempting to stop the purchase…
More On The Rock Acquiring The XFL Out Of Bankruptcy
As reported earlier here at WrestlingNews.com, The Rock and his business partners are the new owners of the XFL. Below is the official press release to announce the transaction: Dany Garcia, Dwayne Johnson and RedBird Capital Partners Acquire the XFL, XFL assets and intellectual property represent attractive sport and direct-to-consumer opportunity LOS ANGELES and NEW…
The Rock Buys XFL For $15 Million
Dwayne “The Rock” Johnson is part of a group that bought the XFL, according to Sportico. Johnson purchased the league out of bankruptcy with Gerry Cardinale’s RedBird Capital shortly before a scheduled auction was set to begin. They paid $15 million, splitting it evenly. Johnson’s business partner, Dany Garcia, who is also his ex-wife, will…
