DWAYNE Johnson has suffered substantial financial losses over the past year.
The Rock, 51, has witnessed his action movie Black Adam knocked by critics and his NBC sitcom Young Rock canceled after three seasons.
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Dwayne “The Rock” Johnson has suffered financial losses over the past yearCredit: Getty
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The Rock’s XFL league lost $60million this past season, according to ForbesCredit: Getty
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Johnson’s movie Black Adam received criticism from movie reviewersCredit: Alamy
Johnson’s struggles have taken a toll on his responsibilities in the XFL, according to a new report detailing the football league’s losses in the first year back.
According to Forbes, the XFL lost $60million this past season.
It was the first season since WWE chief Vince McMahon sold the league to Johnson and his ex-wife and business partner Dany Garcia for $15million in 2020.
The league was first created by McMahon in 2001 but went bankrupt after just one season.
Johnson’s XFL returned in 2023 and lasted the full season.
He paid $23.5million to clear away the professional American football minor league’s debt.
With the financial losses in mind, The Rock is set to make radical changes over the off-season.
This year’s XFL consisted of eight games, with the Arlington, Texas-based Renegades winning the title.
The former wrestling star’s plans will have new cities and teams enter the league in the future.
And XFL team rosters will be expanded from 51 to 90 players during the offseason.
The XFL projects to receive $100million in the next season, and Johnson is assuring to “play the long game” despite unimpressive numbers in 2023.
He tweeted: “I play the long game in business and XFL is no exception.
“We saw some nice successes and took some L’s in our first season that we learn from.
“75-100 XFL players will be competing in NFL camps this fall. That’s a big number that will continue to grow season over season.
“We’re in it for the long haul. Step by step building the league of opportunity.
“Like with any venture, success takes time. Thanks XFL fans for the love & support.”
Still, Johnson’s projected net worth of $800million is at risk of decline.
The Rock’s XFL will hold its inaugural Rookie Draft on June 16.
It will be held for players who were eligible to have been drafted in the 2023 NFL Draft and aren’t under a contract by a professional football team.
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