Following his return to the ring Saturday on the first night of WWE WrestleMania 40, Dwayne “The Rock” Johnson earned nearly 97,000 shares of TKO stock currently worth over $9 million.
The news was revealed in an SEC filing that came out late-Tuesday, required as Johnson sits on the TKO board. The 96,558 Class A shares fully vested Sunday, putting Johnson at 193,116 total shares owned according to the filing.
The shares were part of Johnson’s January 2024 deal to join the TKO board as the shares “vested upon completion of certain services described in that Independent Contractor Services and Merchandising Agreement…” Those services are assumed to be Johnson’s match that saw him team with Roman Reigns to take on Cody Rhodes and Seth Rollins and all of the lead-up to the match itself.
The January arrangement also included Johnson gaining full IP ownership of “The Rock” name in addition to other character-related trademarks.
After Saturday’s show, Johnson intimated that he wasn’t done with in-ring action and on Monday’s WWE Raw, he told Rhodes that he would be coming for him at some point. Johnson is heading back to Hollywood to work on the A24 “Smashing Machine” movie and then the live-action Moana after that.
It’s unknown if Johnson will continue to earn vested stock for future matches.
News Summary:
- The Rock earns over $9 million in TKO stock during WWE WrestleMania 40 weekend
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