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

The Ultimate Seal of Approval: Chris Hemsworth’s ‘Spot-On’ Steve Irwin Impression Earns Emotional Praise from the Irwin Family

The Ultimate Seal of Approval: Chris Hemsworth’s ‘Spot-On’ Steve Irwin Impression Earns Emotional Praise from the Irwin Family In a moment that perfectly blends Hollywood star power…

From the Brink of Defeat to the Grand Finale: Dylan Efron Reveals the ‘Shock’ and Physical Price of His ‘DWTS’ Journey, Fueled By Big Brother Zac Efron’s Support

The Unthinkable Shock: How Dylan Efron Survived the Axe and Embraced the Agony to Reach the Grand Finale In a world where Hollywood narratives are often perfectly…

Lewis’s Heartbreaking Confession: The Strictly Star Who Proved “Kind and Genuine People Still Exist” in the Spotlight

The curtain has officially closed on one of the most unexpected and profoundly emotional journeys in the history of Strictly Come Dancing. What began as a celebrity…

The Boy Who Defied Gravity: 4-Year-Old Wicked Superfan Remington Steals the Spotlight from Glinda in Electrifying On-Screen Moment

The Boy Who Defied Gravity: 4-Year-Old Wicked Superfan Remington Steals the Spotlight from Glinda in Electrifying On-Screen Moment In the world of high-stakes, big-budget television specials, it…

The Immortal Green: Legends of Wimbledon Ignite Centre Court in Historic 100th Anniversary Parade

The Immortal Green: Legends of Wimbledon Ignite Centre Court in Historic 100th Anniversary Parade The air was electric, thick with anticipation and the kind of hushed reverence…

“THIS IS DECEIT!” Patrick Christys Goes Off on Keir Starmer in a Heated Migrant Showdown — Audience Claims They’ve “Never Seen Him This Angry” DK

“THIS IS DECEIT!” Patrick Christys Goes Off on Keir Starmer in a Heated Migrant Showdown — Audience Claims They’ve “Never Seen Him This Angry” 𝘒𝘦𝘪𝘳 𝘚𝘵𝘢𝘳𝘮𝘦𝘳 humiliated…