Dwayne “The Rock” Johnson was the only TKO Board member to miss more than 25 percent of meetings in 2025, according to the company’s annual proxy report filed with the SEC.
The report stated that during TKO’s 2025 fiscal year the board met five times and that each incumbent director attended at least 75 percent of the meetings, with the exception of Johnson, who was unable to attend several board meetings due to prior business commitments.
Johnson took in $900,000 in royalties for 2025 as part of a potentially decade-long merchandising and independent contractor agreement he signed upon joining the TKO Board in January 2024. He also received $600,000 in reimbursements for travel expenses associated with delivering services under what the filing refers to as the Johnson Services Agreement, understood to cover his appearances at the January 6 Raw on Netflix premiere, the following night on NXT, and Elimination Chamber.
Johnson is now fully vested for the $30 million in Class A TKO stock he was scheduled to earn as part of the arrangement. His Seven Bucks Productions company also earned less than $120,000 to provide production services for a potential non-scripted project on what the filing described as customary terms.
In January, Dave Meltzer reported in the Wrestling Observer Newsletter that Johnson is a primary target for organizers in Saudi Arabia. Meltzer reported that sources within the country have indicated a desire to have Johnson on the show.
Meltzer further noted that to secure his involvement, Johnson would receive “the largest offer ever made for someone to do a pro wrestling show.”
