Dwayne The Rock Johnson ACQUIRES over 96,000 shares of TKO stock worth more than $13 million
Dwayne 'The Rock' Johnson now owns close to 290,000 TKO shares, almost worth $42 million a year after joining the Board of Directors.
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The Rock [via- Yahoo Finance]
Almost a year ago, TKO welcomed Dwayne “The Rock” Johnson as the newest member of the company’s Board of Directors. In addition to that, Johnson acquired the full ownership rights to ‘The Rock’ name. According to the SEC filing, The Rock received almost $30 million of TKO stock. Well, it seems that the Endeavor-owned promotion has rewarded The People’s Champion following a financially successful year.
The latest SEC filing states that The Rock has acquired 96,557 shares of TKO stock, which are worth $13.75 million. As such, this means that Rock now has ownership over a total of 289,673 TKO shares, worth around $42 million. Further details behind this recent move have not been disclosed yet. However, some believe this was not a coincidental move by TKO.
The Raw premiere on Netflix will unfold on this coming Monday. Furthermore, both WWE and the streaming giant have promised surprises for the debut show. The Stamford-based promotion has also advertised The Rock on several of its promotional teasers for the $5 billion move.
The Rock has acquired 96,557 shares of TKO stock in a new SEC filing today, worth $13.75 MILLION.
— Wrestle Ops (@WrestleOps) January 4, 2025
Rock now owns a total of 289,673 shares in TKO stock, worth an estimated $41.25 MILLION as of press time. pic.twitter.com/CmSsQJCbFS
If he does return to WWE on Raw, one would expect The Rock to kickstart a program with Cody Rhodes. In his last appearance, the legend vowed to come after Rhodes once he returned. The duo had engaged in an intense and personal rivalry during the road to WrestleMania XL.
The Rock turned heel after fans revolted against the idea of him replacing The American Nightmare in the main event. However, this resulted in a rejuvenated run, where he delivered some of the best work of his career. As such, fans cannot wait to see the Moana star back in action.
WWE reportedly expecting The Rock to compete at WrestleMania 41
Over the past few months, rumors have been floating about The Rock’s status for this year’s WrestleMania. Previously, the general consensus was that WWE creative was told to begin planning for the event without The Final Boss.
On Friday, however, Dave Metlzer reported on the Wrestling Observer Newsletter that some in the company believe that The Rock is indeed working WrestleMania. If so, he will be most likely facing Cody Rhodes at the Showcase of Immortals.
Current plans are for The American Nightmare to defend his Undisputed WWE Title against John Cena. However, if The Rock is available in the coming months, this would change with Rock facing Rhodes and Cena squaring off against Gunther.
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Vansh Shah
(1123 Articles Published)