Even Though Vince McMahon Was Barred From Helping Dwayne Johnson’s XFL, Co-owner Danny Garcia Gives Him Credit Despite Bankrupting XFL in 2020

Despite some initial hope, Dwayne Johnson‘s XFL dream recently met with a severe setback. The league met with a staggering $60 Million loss in its first operational year since 2020. The history of the XFL dates back to the early 2000s when it teamed up with NBC and WWF. The league’s debut season was blemished by scandals of inappropriate behavior. Despite Vince McMahon failing to revive the league twenty years later, the current co-owner Dany Garcia, Dwayne Johnson’s ex-wife, gave the WWE’s executive chairman due credit.

Only a few years ago, business tycoon Vince McMahon attempted a resurrection of the XFL, investing $200 million. But it didn’t help much. Soon after, the league declared bankruptcy and was forced to shut down because of the worldwide COVID-19 pandemic.

Dany Garcia acknowledges Vince McMahon’s role in the XFL 

In the aftermath, ‘The Rock’ decided to invest $15 million in the league alongside his ex-wife Dany Garcia, RedBird Capital, and a New York-based investment group. The new investors were very determined to make the drowning league a huge success.

In the present condition, it’s difficult to predict what’s next for the XFL. Garcia, 54, weighed in on how far it has come since the rebooting. She also made it a point to acknowledge McMahon’s contribution.

Despite Vince McMahon being bared from helping the new XFL owners from a legal perspective, according to Garcia, he offered them moral support from the very beginning. During a recent interview with Forbes, Garcia noted, ”he could not connect with us legally. You know he had very specific rules, but later on, he was just thrilled he knows us. He knows what we do”

”There was so much good. Like I said, it would not have been a situation where I would be acquiring or we would be acquiring if it wasn’t for the pandemic. I mean he had a real property and he had great numbers and those teams were playing fantastically so I like to think like we took the ball and we did a few things our own personal in a way, but we built off of the success he had.” she continued.

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It seems like ‘The Corporate Champion’ and the rest of the co-owners are extremely hopeful about a profitable future XFL season.

The Rock looks to a brighter future for XFL in 2024

The XFL is set to return for another season in 2024. The investors have stuck with the league, seeing greater success down the line. They have managed to keep a positive outlook despite the massive financial losses.

During an interview with Forbes, ‘The Rock’ made it clear that they were not here for just one or two more years. For them, this is a long game. Adding to his thoughts, the XFL chair and Johnson’s long-term business partner, Dany Garcia, stated that they are well-built financially and called the league the new WWE.

We’ll have to wait and see what awaits XFL in the upcoming season.

What are your thoughts on Dany Garcia’s positive thoughts regarding Vince McMahon’s role behind XFL’s success? Let us know in the comments.

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