• Loading stock data...
Thursday, December 25, 2025

Embattled XFL to Return in 2022, New Owners Say

  • Dwayne “The Rock” Johnson, Dany Garcia and RedBird Capital bought the league in August.
  • The next iteration of the XFL will be its third.
Embattled XFL to Return in 2022, New Owners Say
Billy Hurst-USA TODAY Sports

The XFL plans to restart in the spring of 2022, owners Dwayne “The Rock” Johnson and Dany Garcia announced in a video on Twitter on Oct. 1. 

Johnson and Garcia, along with RedBird Capital, bought the embattled league in late August for $15 million. The next iteration of the XFL will be its third — WWE founder Vince McMahon, in partnership with NBC, first launched the XFL in 2001, but the effort failed a year later. 

McMahon then personally spent over $200 million to relaunch the eight-team league in 2018. The 2020 season kicked off in February, but couldn’t withstand the impact of the COVID-19 pandemic and the league ceased operations in mid-April, filing for Chapter 11 bankruptcy. 

Prior to the sale, the XFL had pitched a 12-week “made-for-TV” 2021 season, ESPN reported in June. Garcia previously said the new owners were considering a 2021 “bubble” season in a single city. 

“For the love of football and for the safety of our players and fans, we’ll be back on the field in 2022,” XFL President and Chief Operating Officer Jeffrey Pollack said in a statement. “The opportunity in front of us, with our new ownership, is simply too big to rush back. We want to do this properly with care and thought for everyone who loves football, especially our players, coaches, partners and fans.”

Johnson, a former professional wrestler and football player-turned-acting mogul, was the world’s highest-paid actor in 2019 – earning $89.4 million – according to Forbes. Garcia, Johnson’s business partner and former wife, is chairwoman and CEO of The Garcia Companies and TGC Management, and the two also founded Seven Bucks Productions.

RedBird founder and managing partner Gerry Cardinale has been involved with a number of high-profile sports endeavors, and the firm says it manages $4 billion in assets. Other sports projects include a stake in the YES Network — which Cardinale helped create — and majority ownership of Toulouse Football Club, a French soccer team. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Dec 25, 2024; Dallas, Texas, USA; A view of the NBA Christmas Day logo during the second half of the game between the Dallas Mavericks and the Minnesota Timberwolves at the American Airlines Center.

NBA Has Superior Slate Entering Christmas Face-Off With NFL

The NFL has scheduled Christmas games for six consecutive seasons.
Dec 25, 2024; Pittsburgh, Pennsylvania, USA; Netflix Christmas GameDay cake seen after the Kansas City Chiefs defeated the Pittsburgh Steelers at Acrisure Stadium.

Netflix Christmas Day Encore Will Test NFL’s Holiday Staying Power

This year’s doubleheader is lacking pivotal matchups.

How Tom Brady Has Improved in Year 2 on Fox

A veteran Fox NFL producer told FOS what has improved.
Dec 20, 2025; Oxford, MS, USA; Mississippi Rebels linebacker Tahj Chambers (26), defensive end Kam Franklin (5) and linebacker Jaden Yates (30) reacts after a fumble recovery against the Tulane Green Wave during the second half of a game at Vaught-Hemingway Stadium.

CFP First-Round Viewership Falls 7% Amid Stiff NFL Competition

Last weekend’s CFP games averaged 9.9 million viewers.

Featured Today

Heated Rivalry (L to R) - Connor Storrie as Ilya Rozanov and Hudson Williams as Shane Hollander in Episode 104 of Heated Rivalry. Cr. Sabrina Lantos © 2025

Hockey Needed Some Virality. Then Came ‘Heated Rivalry’

No one was prepared for the Canadian show’s smash success.
Rob Manfred
exclusive
December 23, 2025

MLB Teams Fear League Will Pick Winners and Losers in Tech

One company under consideration was founded by a top MLB exec’s uncle.
December 23, 2025

What It Takes to Pull Off Florida’s First Outdoor NHL Game

The Rangers will face the Panthers in Miami’s first NHL Winter Classic.
December 14, 2025

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
FIFA

Saudis Awarded 2034 World Cup in Uncontested Vote

Saudi Arabia was the only option after Australia decided not to bid.
May 20, 2024

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
The stands at the Solheim Cup
September 13, 2024

LPGA Apologizes for Solheim Cup Fan Bus Debacle That Left Stands Half-Empty

The USA-Europe women’s team golf event teed off Friday morning.
Sponsored

The Hidden Tech Behind Every Touchdown

Nearly two-thirds of NFL stadiums already rely on Cisco networks, and the Super Bowl will showcase the full scale of the partnership.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.