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@nextshark
THE ROCK is official 💥 ⁠ Dwayne "The Rock" Johnson has joined the board of TKO Group Holdings, the powerhouse conglomerate resulting from the merger of WWE and UFC.⁠ ⁠ According to official documents filed on Jan. 23, therock also gains full ownership of his stage name, which was previously owned by WWE. As part of the deal, the WWE champion-turned-Hollywood star will receive $30 million worth of TKO shares over the next two years in exchange for promoting the company and its brands.⁠ ⁠ In a statement, Johnson expressed his excitement and ambition over the new partnership, reflecting on his family’s history in the wrestling world. He also mentioned being inspired after gaining full ownership of his wrestling persona, “The Rock.”⁠ ⁠ “My grandfather, ‘High Chief’ Peter Maivia, and my dad, Rocky ‘Soulman’ Johnson, would’ve never thought this day would come,” he said in a statement. “That’s why I’m so honored to have a seat at the table that has decades of history and family legacy for me...

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