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Dwayne “The Rock” Johnson joined the TKO Board of Directors in January, and his contract was been published.
TKO has published The Rock’s independent contractor services and merchandising agreement. The agreement was published as an exhibit to WWE’s annual report, which was filed in February.
In the agreement, it is noted that, with WWE’s approval, Johnson may hire “third party service providers in connection with developing concepts, scripts, storylines”, and WWE would reimburse Seven Bucks Production for the costs. Additionally, the agreement states WWE agreed to hire one such individual, whose name was redacted.
Furthermore, the filing states that The Rock’s IP, name, and likeness can’t be used by WWE for some products, including alcohol, pornography, or political ads, among others, without The Rock’s written approval. (H/t Brandon Thurston of Wrestlenomics)
The Rock recently acquired 96,000 shares of TKO stock. More information is available here.
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