Dwayne Johnson can undoubtedly scent what the UFC and WWE are cooking.
The previous skilled wrestler turned Hollywood actor has joined the board of administrators at TKO Group Holdings after sustaining a powerful relationship with each WWE and UFC through the years. Johnson has additionally been a longtime consumer represented by the expertise company at Endeavor, the guardian firm to TKO Group Holdings.
As half of the deal to affix the board of administrators, Johnson additionally features full ownership over the name “The Rock,” which was a moniker he adopted throughout his rise to fame as one of the largest superstars on the WWE roster.
“My grandfather, Excessive Chief Peter Maivia, and my dad, Rocky ‘Soulman’ Johnson, would’ve by no means thought this present day would come,” Johnson mentioned in a press launch. “Which is why I’m very humbled to have a seat on the desk that has a long time of historical past and household legacy for me. A desk that my household helped to construct. Being on the TKO Board of Administrators, and taking full ownership of my name, ‘The Rock’, shouldn’t be solely unprecedented, however extremely inspiring as my loopy life is coming full circle.
“At my core, I’m a builder who builds for and serves the individuals, and Ari [Emanuel] is constructing one thing really sport altering. I’m very motivated to assist proceed to globally broaden our TKO, WWE, and UFC companies because the worldwide leaders in sports activities and leisure — whereas proudly representing so many phenomenal athletes and performers who present up on daily basis placing within the exhausting work with their very own two arms to make their desires come true and ship for our audiences. I’ve been there, I’m nonetheless there and that is for them.”
Johnson’s addition to the TKO board of administrators together with an appointment for Brad Kaywell — a co-founder at Groupon in addition to Uptake Applied sciences — will increase the board from 11 to 13 members.
Regardless of largely transferring onto performing as a full-time job, Johnson has additionally develop into an entrepreneur lately increase his Seven Bucks productions — a studio he based along with his ex-wife Dani Garcia — in addition to turning into an proprietor within the United Soccer League.
Maybe the larger half of the deal for Johnson shall be gaining ownership of “The Rock” name, which was beforehand held by WWE. The name was adopted from his father Rocky Johnson, who was the primary Black champion in WWE alongside tag-team companion Tony Atlas.
With ownership over “The Rock” name, Johnson additionally entered right into a service and merchandizing settlement with WWE for “promotional, licensing, and different providers.” Johnson additionally only recently appeared on WWE programming with rumors swirling that he’ll carry out at WrestleMania, which stays the corporate’s marquee occasion yearly.