Well now, let me tell y’all somethin’ about this here contract the Rock’s got with WWE. Seems like that big fella, Dwayne Johnson, is still doin’ real well for himself, even though he’s been busy in Hollywood these days. Now, he’s signed up with WWE again, but not just to wrestle, oh no. He’s sittin’ on that fancy TKO Group Board of Directors, too. Yeah, that’s right, he’s part of the big shots now, callin’ the shots and makin’ a pretty penny while he’s at it.
So, let’s get into the details of this contract. Seems like The Rock’s deal with WWE ain’t just any ol’ deal, neither. It’s a big ol’ fancy agreement, where he’s got all sorts of special conditions. First off, he’s got himself an independent contractor agreement. That means he don’t have to be on WWE’s payroll regular-like, but he still gets a big ol’ chunk of change from ‘em.
And get this—his contract includes some mighty interesting bits. For one, he’s set to be workin’ a match in 2024, likely before that big ol’ WrestleMania 41 comes ‘round. Now, y’all know how big WrestleMania is, don’t ya? It’s like the Super Bowl of wrestling! And The Rock’s gonna be part of that show, which means people are gonna be payin’ good money to see him do his thing in the ring once again.
But wait, there’s more to it than just that! His contract lets him hire “third party service providers” to help him out with things like script development and concepts. So, if he wants to bring in some fancy writers or other folks to help him come up with ideas, he can do that. Not bad, huh? The Rock don’t have to do it all on his own, that’s for sure.
Now, here’s the juicy bit. The Rock’s gettin’ $30 million in TKO equity. What’s that, you ask? Well, it means he’s gettin’ shares in the company—TKO Group, which owns both UFC and WWE. Ain’t that somethin’? He’s got himself a real stake in the company now. And this here deal’s gonna vest over time, all the way through to 2025. But hold on—most of that $30 million’s gonna be paid out to him before the year is up! He’ll be gettin’ his hands on most of it real soon.
But there’s still more to his deal! Under something called a “Legends contract,” he’s gettin’ an upfront payment. That means WWE gives him some money right off the bat, and in exchange, they get the right to use his likeness on stuff like t-shirts, video games, and merchandise. That’s the kind of deal where The Rock’s face ends up on all sorts of stuff, and he gets paid every time someone buys a t-shirt with his face on it!
So yeah, not only is he makin’ a pile of money from the WWE deal, but he’s also a part-owner of the United Football League, a board member at TKO Group Holdings, and the co-founder of Seven Bucks Productions. He’s got his hands in all sorts of pies, that one.
Seems like The Rock’s got himself a good thing goin’, doesn’t it? I mean, not only is he back in the WWE ring for one more big match, but he’s also sittin’ pretty with a nice little chunk of change in his pocket, thanks to that sweet equity deal. And with his new position at TKO, he’s also part of the folks who get to call the shots at UFC and WWE. He’s in a pretty powerful spot, I reckon.
So, folks, if you’re a fan of The Rock like I am, you’ll be seein’ a whole lot more of him, and not just in the ring. He’s a big deal now, both in Hollywood and in the world of wrestling. Ain’t no stoppin’ that man! I wouldn’t be surprised if we see him makin’ more moves in the future, who knows what’s next for ol’ Dwayne Johnson. I’m sure whatever it is, it’s gonna be big!
Tags: [The Rock, WWE contract, TKO Group, WWE, Dwayne Johnson, Legends contract, WrestleMania, third-party services, equity deal, UFC, Seven Bucks Productions]
