The Rock In Line For Massive Bonus With New TKO Role

Dwayne Johnson has a new job with WWE’s parent company and part of his deal gives him the right to The Rock name.

Endeavor completed its takeover of WWE in September 2023, forming the TKO Group as the parent company to both the sports entertainment giant as well as the UFC.

Vince McMahon was named as Executive Chairman of TKO and many believed this role would solidify his power over WWE but since then, McMahon has been sidelined with Triple H running wrestling operations and Nick Khan running the business end of the company.

Now, in a surprise move, The Rock has been appointed to TKO’s Board of Directors. It comes on the same day that WWE announced a huge ten-year deal with Netflix as questions over the future of Raw get their answer.

The Rock Will Get Massive Bonus With New Role

Brandon Thurston has looked into the fine print of The Rock’s new role with TKO and reported that Dwayne Johnson has received The Rock trademark and other associated intellectual property from WWE. However, the deal also grants WWE a ten-year license to use the trademark for wrestling purposes.

The Rock has also been given $30 million worth of TKO stock which he’ll receive in installments through to the end of 2025. In 2023, The Rock received $491,000 in royalties from WWE and he will continue to receive them as part of the new deal.