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Actor Dwayne "The Rock" Johnson is part of an investor group that agreed to purchase the XFL for $15 million.
The professional football league filed for Chapter 11 bankruptcy in April and has been seeking a buyer.
The investor group also includes Johnson's business partner, Dany Garcia, who is becoming the first female owner of a major American sports league.
Read more from ESPN.
Guest columnist Donnie Brawner says many entrepreneurs stray from their original business ventures, which is often a recipe for success.