• Loading stock data...
Friday, May 9, 2025
Join us May 14 at 1 p.m. ET for Future of Sports: Leagues of Their Own Register Now

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

Vince McMahon

Vince McMahon Could Have to Turn Over Hush Money Documents in Court

Suing shareholders want to know his “state of mind” during UFC merger.
Feb 9, 2025; New Orleans, LA, USA; Philadelphia Eagles quarterback Jalen Hurts (1) lines up for the tush push play on the goal line against the Kansas City Chiefs during Super Bowl LIX at Ceasars Superdome.

Saquon Barkley Defends Tush Push, Tells Opponents to ‘Get Better’

Saquon Barkley makes a passionate defense for the hotly debated play.
Kansas City Chiefs quarterback Patrick Mahomes (15) raises the Lamar Hunt Trophy with tight end Travis Kelce (87) after the AFC championship NFL game between the Cincinnati Bengals and the Kansas City Chiefs on Jan. 29, 2023, at Arrowhead Stadium in Kansas City.

F1 Team Part-Owned by Mahomes, Kelce Makes Changes Amid Struggle

Alpine is ninth in the constructors’ championship.
Adam Silver

NFL Attempts to Aid NBA in Video Privacy Lawsuit

The NBA is being accused of unlawfully sharing user data with Facebook. 

Featured Today

Fat Perez reacts after hitting his shot on the 16th tee during the WHOOP Shot at Glory on the 16th hole at TPC in Scottsdale on Feb. 5, 2025.

Golf Influencers Are the New Currency for PGA Tour and LIV

YouTube golf is big business. The rival tours are staging formal events.
Feb 8, 2025; New York, New York, USA; New York Knicks assistant coach Rick Brunson talks with New York Knicks guard Jalen Brunson (11), forward Mikal Bridges (25), and guard Josh Hart (3) during a timeout in the third quarter against the Boston Celtics at Madison Square Garden.
May 6, 2025

Before the Villanova Knicks, There Were the Kentucky Celtics

Three decades ago, Boston tried its own version of the college-teammate experiment.
Mar 22, 2025; Miami, FL, USA; Joao Fonseca (BRZ) reacts after winning a point against Ugo Humbert (FRA)(not pictured) on day five of the Miami Open at Hard Rock Stadium.
May 6, 2025

João Fonseca Is a Teen Tennis Phenom. His Parents Are Overseeing His..

The Brazilian is forgoing a management team in favor of his parents.
Athlos
May 4, 2025

Nike Wants to Pull Off the First Women’s Sub-4:00 Mile

Experts speak on whether Nike’s “moonshot” is realistic or a gimmick.
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

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Portfolio Players is our bi-weekly spotlight on the athletes and investors reshaping the business of sports. This week, venture capitalist Kai Cunningham unpacks why athletes land top deals and how the usual investing rules don’t always apply.
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.