Dwayne Johnson has joined the board of directors of TKO Group Holdings, Inc. the company announced on Tuesday. Johnson also gained ownership of the trademarked name “The Rock” as part of an intellectual assignment agreement.
Per the SEC 8-K Filing, Johnson will receive over $30 million in TKO stock. He will also receive $491,000 in royalty payments from WWE in 2023.
If there was any doubt that Johnson would come back at this year’s Wrestlemania, this bit of news basically solidifies the fact that The Rock will be headlining Night 2 of Wrestlemania against his cousin Roman Reigns.
Also in the SEC filing, it was announced that Brad Keywell also was appointed to the Board of Directors. Keywell is the found and executive chairman of Uptake Technologies.
Leave a Reply