Dwayne ‘The Rock’ Johnson receives £7.5m worth of TKO shares upon WrestleMania success… as the WWE legend solidifies status on the board of promotion’s umbrella company

Dwayne ‘The Rock’ Johnson received 96,558 TKO shares worth millions on Sunday upon the completion of WrestleMania.

Johnson, who has been back in WWE as The Rock in recent months, played a starring role in WWE‘s biggest show of the year as Cody Rhodes became the new WWE champion.

Adopting a villainous persona, he teamed with real-life cousin Roman Reigns to beat Rhodes and Seth Rollins in the main event of night one, before featuring in the night two main event between Rhodes and Reigns.

In late January earlier this year, Johnson was appointed to the board of TKO, the conglomerate created by WWE and UFC‘s parent company, Endeavor, to unify the entities.

Now, he has been awarded shares worth just short of £7.5million after reaching a series of requirements stated in his January 2024 contract.

Dwayne 'The Rock' Johnson has received £7.5million worth of shares in WWE umbrella company TKO

Dwayne ‘The Rock’ Johnson has received £7.5million worth of shares in WWE umbrella company TKO

Johnson played a vital role in the production and performance of WrestleMania weekend

Johnson played a vital role in the production and performance of WrestleMania weekend

Johnson joined the board of TKO earlier this year and has now received 96,558 shares

Johnson joined the board of TKO earlier this year and has now received 96,558 shares

Given in the explanation of responses, it was stated that Johnson received the shares was ‘vested upon completion of certain services’ from his contract.

It was a year ago that WWE and UFC agreed to a merge to form a new publicly-listed company to be controlled by Endeavor Group, with the move completed in September.

Endeavor, who have owned UFC since 2016, hold a 51 per cent stake in the combined company, while WWE shareholders hold 49 per cent. Former WWE chairman Vince McMahon is one of those shareholders.

The deal valued TKO at more than £17.3billion according to the companies, with UFC valued at £9.8bn and WWE at £7.5bn. The Rock was given around £23.7m in stock when joining the board.

It’s possible that the awarding of shares related to appearances on WWE TV by Johnson, who admitted on Raw on Monday that he was stepping away from programming again for the foreseeable future.

The Rock received the shared 'upon completion of certain services described' in his contract

The Rock received the shared ‘upon completion of certain services described’ in his contract

WWE was valued at £7.5billion at the time of the merger, with TKO valued at more than £17.3bn

WWE was valued at £7.5billion at the time of the merger, with TKO valued at more than £17.3bn

Johnson continues to receive loud crowd reactions whenever he appears on WWE television

Johnson continues to receive loud crowd reactions whenever he appears on WWE television

‘I have been lucky to have participated in some cool things,’ Johnson said on Saturday evening in the post-night one press conference. ‘There is nothing like performing at WrestleMania in front of your fellow pro wrestlers and thousands of people.

‘There might be (more matches). I can’t elaborate that much on that but I love what I do. We will see.’

Johnson continues to get loud crowd reactions wherever he goes and whenever he appears, and he was serenaded by a rendition of Steam’s ‘Na Na Hey Hey Kiss Him Goodbye’ from the Philadelphia crowd when he revealed he had to step away from WWE.

His Hollywood career calls,  but he will be back soon, and is certain to be more involved now he is working board level in the company.

Related Posts

Katie Piper’s Triumph: 17 Years After Acid Attack, She Stuns the World in a Blue Bikini

Seventeen years after a brutal acid attack left her blind in one eye and scarred across her face, neck, chest, and arms — and following more than 250…

“SHE’S NOT OKAY NOW!”: Lesley Joseph Breaks Down Over Pauline Quirke’s Cruel Battle With Dementia. At the Variety Club Showbusiness Awards, the beloved actress struggled to hold back tears as she spoke, voice trembling with raw emotion: “I miss her so much… it’s heartbreaking to see her like this.” Pauline, diagnosed with dementia in 2021, has faced a relentless decline that has left even decades of friendship feeling painfully fragile. Lesley recalled moments from their iconic on-screen partnership as Dorien and Sharon, memories now tinged with fear and sorrow. Earlier this year, Linda Robson shared that Pauline still has “up days” and even asked after her “mate Linda,” a fragile spark of recognition in a world growing dim. As Lesley prepares to visit her friend, fans are left gripped by the weight of her words, mourning the cruel reality of a life once full of laughter now shadowed by disease, and wondering how the bonds of love endure when time and memory betray even the strongest hearts.

Sending prayers, strength, and endless love to Pauline, Lesley, and Linda.A wave of sadness has swept through the hearts of Birds of a Feather fans after beloved…

Davina McCall Is ‘Planning an Intimate Winter Wedding in the New Year to Fiancé Michael Douglas’ After Breast Cancer Diagnosis

Davina McCall is reportedly planning an intimate winter wedding in the New Year to fiancé Michael Douglas after her recent breast cancer diagnosis Davina McCall is reportedly…

CONFIRMED: ITV Unveils the New Host of The Chase, Bradley Walsh’s replacement — Fans Are in Shock and the reaction is heartbreaking.K

Fans of The Chase have been sent into a frenzy after a surprise wave of speculation suggested that ITV may already have a successor lined up if beloved host Bradley…

Midnight Scandal in Las Vegas: Did Oscar Piastri Just Expose McLaren’s Secret Favoritism War?

In the high-stakes world of Formula 1, drama is rarely confined to the racetrack. But late Friday night, under the neon glow of the Las Vegas Grand…

Title Hopes Crushed by Millimeters: The Brutal History of F1 Disqualifications Strikes Again in Las Vegas

In the high-octane world of Formula 1, the difference between glory and ruin is often measured in thousandths of a second. But as the dust settles on…