The Rock Lands Hefty Payday for Joining TKO-Holdings

1/24/2024 2:16 AM

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The Rock Lands Hefty Payday for Joining TKO-Holdings

The Rock Lands Hefty Payday for Joining TKO-Holdings

January 24, 2024 2:16 AM
The Rock Lands Hefty Payday for Joining TKO-Holdings
WWE News

Back Up the Brinks Truck

The Rock Lands a hefty payday for joining TKO-Holdings. That's the report coming from CNN Business. Today was a big day for the WWE as it announced it secured a new rights deal with Netflix to stream RAW. However, today also saw the announcement that Dwayne "The Rock" Johnson is joining TKO-Holdings' Board of Directors. The Rock acquired the rights to his wrestling nickname "The Rock" as part of the deal. However, CNN Business is reporting there was also some serious dough involved:

The company said in a regulatory filing Tuesday that it will pay Johnson $30 million in stock awards to promote the brand as part of his new deal. The awards will vest over the course of 2024 and 2025.

H/T CNN Business

With rumors that The Rock will face Roman Reigns in a match, it looks like The Rock's wrestling roots are paying off more than ever. What do you think about the Rock joining TKO? Will he be able to help the company?

Photo Credit: WWE

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