How much does WWE Pay the Rock in 2024?
How much does WWE Pay the Rock in 2024?
By Edcel Panganiban April 02, 2024 12:30
Dwayne "The Rock" Johnson, a legendary figure in the world of WWE, has recently signed a significant promotional deal with WWE in 2024.
This Fan Arch piece is keen to provide a comprehensive analysis of The Rock's salary in 2024, including details of his contract, potential bonuses or incentives, and a comparison of his salary with other top WWE performers.
The Rock's Salary and Promotional Deal with WWE
In 2024, The Rock has inked a promotional deal with WWE that is reported to pay him more than $30 million, according to a filing with the Securities & Exchange Commission.
As part of this deal, TKO Group, the parent company of WWE and UFC, named The Rock to its board of directors and agreed to a merchandising and promotional agreement that allows WWE to use his name, image, and likeness for up to a decade.
“I’m very motivated to help continue to globally expand our TKO, WWE, and UFC businesses as the worldwide leaders in sports and entertainment — while proudly representing so many phenomenal athletes and performers who show up every day putting in the hard work with their own two hands to make their dreams come true and deliver for our audiences,” Johnson said in a prepared statement.
In return, TKO has given The Rock stock worth $30 million, based on the recent 30-day weighted average, approximately around the value of $76 a share, or about 400,000 shares.
Detailed Analysis of The Rock's Compensation Package
The compensation package for The Rock's promotional deal with WWE includes significant components such as stock grants and potential bonuses.
Under the terms of the promotional deal, The Rock received a quarter of the stock when the deal became effective, and he will receive another 25% at the year's end.
Additionally, another 25% will be doled out in monthly increments in 2025, and the remaining quarter of the stock grant will be awarded when The Rock fulfills certain benchmarks set forth in the services agreement, which have not been disclosed.
Comparison with Other Top WWE Performers
In comparison to other top WWE performers, The Rock's salary stands out as one of the highest in the industry. As of 2024, Brock Lesnar leads the way in terms of WWE salaries, earning an astonishing $12 million on a yearly basis.
The Rock's $30 million promotional deal and his position on the TKO Group board of directors clearly demonstrate his substantial earning power within the WWE and TKO Group.
The Rock's promotional deal with WWE in 2024 has solidified his status as one of the highest-earning personalities within the WWE.
The $30 million promotional deal, coupled with his position on the TKO Group board of directors, showcases the significant financial compensation The Rock commands.
When compared to other top WWE performers, The Rock's salary clearly positions him as one of the highest-earning personalities in the industry, which contributes significantly to The Rock net worth.
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