Down the hatch! George Clooney says adios to his tequila brand

George Clooney is going to be able to sock away a little more money for his newborn twins.

The Oscar winning actor just scored a major deal and it has nothing to do with movies.

London based Diageo, with a major office in Coral Gables, is shelling out up to $1 billion to buy the tequila brand he founded with pals nightlife guru Rande Gerber and real estate tycoon Mike Meldman (who once dated Brandi Glanville).

The three founded Casamigos four years ago and held launch parties all over the U.S., including an awesome one at Hakkasan at the Fontainebleau.

Clooney and Gerber, aka Cindy Crawford’s husband, named the booze after the compound they own in Mexico, where they’ve been known to throw down a few shots. 

Diageo reportedly will pay $700 million for Casamigos up front, then likely another $300 million over a 10 year period if it “reaches certain performance milestones,” according to the AP.

This story was originally published June 20, 2017 at 11:06 PM with the headline "Down the hatch! George Clooney says adios to his tequila brand."