Entertainment

The Rock buys XFL team worth €121 million

The Rock buys XFL team worth €121 million

Hollwood star Dwayne "The Rock" Johnson has bought the XFL American football league.

He made the announcement on Twitter, having teamed up with his ex-wife to agree the deal reportedly worth 121 million euros in total.

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The league halted its season in March because of the pandemic - and also laid off its employees and filed for bankruptcy protection.

A bankruptcy court still needs to approve the deal at a hearing on August 7. If that happens, the purchase should be completed by the end of the month.

The actor's praised Dany Garcia as being the 'architect' of the acquisition.

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I’ll start this post with a heartfelt & excited, THANK YOU for the incredible responses I’ve been seeing from you all day. With my trail blazing partner @DanyGarciaCo & RedBird Capital’s Gerry Cardinale - we have acquired the XFL. With gratitude & passion I’ve built a career with my own two hands and will apply these callouses to building our @xfl brand to create something special for the fans. My dreams of playing professional football never came true, however - this passion venture allows me to create opportunities for other players to showcase their talents, take care of their families and make their own dreams come true. Now, my partners and I go to work - for the love of football. #XFL #Owner #FullCircle

A post shared by therock (@therock) on

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