Dwayne Johnson has acquired the intellectual property rights to numerous nicknames, insults and catchphrases from his legendary WWE career, Variety reported on Thursday.
Two decades after making a name for himself in a WWE ring, Johnson's contract includes the rights to his famous ring name, “The Rock,” as well as numerous other memorable nicknames and catchphrases. There is. according to For variety. The acquisition is part of Endeavor's agreement to join the board of directors of TKO Group Holdings, the company created from the merger of WWE and UFC.
Dwayne Johnson secures ownership of 25 names and catchphrases including 'Roc Nation' and 'Candy Us' in agreement with WWE parent company https://t.co/8zYFhVn5aG
— Variety (@Variety) February 29, 2024
The transfer includes a comprehensive list of 26 terms, including “candy ass,” “jabroni,” and the iconic line, “When I smell the Rock cooking.” These terms, along with many others, were previously owned by WWE, but have now been transferred to Johnson, Variety said.
The list also includes “The Rock,'' “Rocky Maivia,'' “The People's Champion,'' and “Rock Bottom.'' The deal also extends to various aspects of his WWE character, including associated logos, service marks, and costumes and accessories. However, the deal does not include any photos, audio, or audiovisual content produced by WWE featuring Johnson. (Related: Dwayne “The Rock” Johnson slams activists for “fake clickbait trash”)
“For the avoidance of doubt, “The Rock IP'' does not include any photographs, audio, and/or audiovisual footage of Dwayne Johnson that is incorporated into any WWE copyrighted material, and “The Rock “IP'' does not include any photographs, audio, and/or audiovisual footage of Dwayne Johnson created by WWE in connection with Dwayne Johnson's services under the terms of the Services Agreement.'' The same media reported that.
Johnson's integration into TKO Group Holdings was formally announced in February, as disclosed in a 10-K. filing With SEC. Not only does the deal give him more control over his intellectual property from his wrestling days, but he will also receive $30 million in TKO stock that vests through 2025 and ongoing royalties from WWE. According to Variety, Johnson earned $491,000 in royalties from WWE in 2023 alone.