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.
In the explanation of answers, it was said that Johnson got the shares because they were “vested upon completion of certain services” under his contract.
A year ago, WWE and UFC agreed to merge into a new publicly traded business that would be run by Endeavor Group. The merger took place in September. A fifth of the merged company is owned by Endeavor, which has owned UFC since 2016.
Another fourth is owned by WWE shareholders. Vince McMahon, who used to be the head of WWE, is one of those shareholders. Each company said that the deal was worth more than £17.3billion.
UFC said it was worth £9.8billion and WWE said it was worth £7.5billion. When The Rock joined the board, he was given about £23.7m in stock.
It’s possible that the shares were given out because Johnson was on WWE TV, but he said on Monday’s episode of “Raw” that he would be taking a break from programming for a while.