Dwayne "The Rock" Johnson is teaming up with his ex-wife and a top sports management company to buy the bankrupt XFL football league for $15 million.
Johnson -- a former WWE wrestling star who has since become one of Hollywood's most bankable action heroes -- and the partners are purchasing the assets of the XFL from Alpha Entertainment, a private company founded by WWE chairman and CEO Vince McMahon.
Alpha filed for bankruptcy in April after ending the XFL season early because of the Covid-19 pandemic.
Johnson's decision to take part in a group to buy the XFL was "rooted deeply in two things - passion for the game and desire to always take care of the fans," according to a statement.
He added that he looks forward to "creating something special for the players, fans, and everyone involved for the love of football."
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.