of the XFL football league in 2020 as the key investor and negotiator for a group consisting of her ex-husband and longtime business partner Dwayne “The Rock” Johnson and Gerry Cardinale of RedBird Capital Partners.“I was thinking about what to do next, what’s the next big swing that would really, really get me excited,” Garcia says of buying the league.The move made her the first woman to own a major professional league in the U.S.
As chair of the XFL, Garcia has plans for the once-bankrupt league. The league’s season began in February with eight teams, modified rules that will distinguish it from the NFL and a head-coaching roster that’s an NFL who’s who, including Hall of Famer Rod Woodson, Hines Ward and Terrell Buckley.
As she reflects on her journey in building her empire, she’s focused on helping pave that road for other underrepresented professionals by and creating .Garcia began her career with Merrill Lynch before founding a private wealth management firm, JDM Partners LLC, then The Garcia Companies, where she serves as chair and CEO.She’s also had her hands in Hollywood, collaborating with Johnson and her brother Hiram Garcia on Seven Bucks Productions to produce hugely successful films (Jumanji: Welcome to the Jungle, Red Notice, Black Adam) and TV shows (Young Rock).
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