Dwayne “The Rock” Johnson showed up on WWE “Monday Night Raw”a few weeks ago, and teased a return to the ring.  But it turns out something even BIGGER was in the works.

The Rock has joined the board of directors at TKO, the company that owns both WWE and the UFC.  He says, quote, “I’m very humbled to have a seat at the table that has decades of history and family legacy for me.  A table that my family helped to build.”

As part of the deal, he also gets $30 million in stock and the full rights to his nickname, “The Rock”.  WWE still has license to use it for certain products for 10 years . . . and during that time, The Rock can’t license it to any business that competes with TKO.

More WWE news dropped yesterday, when it was announced that “Raw” is moving to NETFLIX in 2025.  That’s right, you’ll soon need to buy a subscription to watch it, if you don’t have one already.

“Raw”debuted in 1993.  It currently airs on the USA Network.  (Hollywood ReporterWWE.com)