Ryan Reynolds is on a roll with Mint Mobile deal

The final purchase price will be determined by Ka’ena’s performance after the closing, which is expected to take place later this year.

Reynolds became a part owner of Mint Mobile back in 2019, a company that brands itself as a bare-bones wireless carrier with low prices, and owns between 20% to 25% of the company, according to a 2021 report from the New York Post. T-Mobile said Reynolds “will continue on in his creative role on behalf of Mint.”

And actor Reynolds had plenty to say about his latest deal, with the funnyman joking that T-Mobile had beat out an offer from his mom to acquire the company.

“Mint Mobile is the best deal in wireless and today’s news only enhances our ability to deliver for our customers. We are so happy T-Mobile beat out an aggressive last-minute bid from my mom Tammy Reynolds as we believe the excellence of their 5G network will provide a better strategic fit than my mom’s slightly-above-average mahjong skills,” Reynolds joked in a video clip shared to his social media channels. “I am so proud of the entire Mint team and so excited for what’s to come.”

And the sale, if it is finalized, will lead to a huge payday for the actor — who, all kidding aside, is proving to be a real business mogul.

It’s possible that this sale could net Reynolds more than $100 million, depending on Mint Mobile’s valuation within that $1.35 billion deal. Mint was looking to be acquired at a valuation of $600 million to $800 million in 2021, according to the New York Post.

Representatives for Reynolds and Mint Mobile didn’t respond to MarketWatch’s request for comment on this story.

Reynolds’ net worth was $71.5 million in June 2020, according to Forbes — and that was before his big Aviation Gin and Mint Mobile deals, meaning he’s likely got plenty more in the bank now.

And he is becoming one of the top businessmen in Hollywood. In 2020, he sold his Aviation Gin brand to Diageo in a deal worth at least $335 million.

He’s also one of the owners of the Welsh football club Wrexham AFC, alongside actor Rob McElhenney. In addition, he served on Match Group’s
MTCH,
-1.28%
board of directors, he has an equity stake in FuboTV
FUBO,
-6.61%,
and he co-founded a production and advertising company, Maximum Effort.

Mint Mobile is run by founder and CEO David Glickman, who said he initially became impressed with Reynolds as a pitchman during the press junket for the first “Deadpool” film. And in addition to “Deadpool,” Reynolds is most known for his roles in films including “The Proposal,” “Mississippi Grind,” “Buried” — and for his self-referential and self-deprecating humor.

As part of the deal, T-Mobile says it will continue Mint’s flagship $15-a-month phone service pricing.

Shares of T-Mobile moved 1.55% lower in midday trading Wednesday.