NXT Officially Announces New TV Deal with The CW – WWE has officially announced that NXT will be moving to The CW Network starting in October 2024. It’s a five-year deal.
While the financial terms haven’t been disclosed, Deadline reports that they’ve heard it’s “more than double the $15 million a year price tag” of NXT’s current contract with USA Network.
“The CW has made impressive moves over the past year with its live sports programming schedule,” WWE President Nick Khan said in a press release. “It’s a truly exciting opportunity to expand NXT’s audience by bringing the show to broadcast television for the first time in NXT’s history.”
“We are thrilled to welcome the WWE brand into the CW Sports portfolio as they play an integral role in our mission to bring live sporting events to the network year-round,” CW Network President Dennis Miller said. “WWE NXT is a perfect fit for The CW thanks to its dynamic young talent featuring the hottest rising stars in the sport and exhilarating, unpredictable weekly events. The passion and engagement of WWE’s fanbase is unmatched, and we are eager to grow that audience as WWE NXT’s new home on broadcast television.”
Leading into the new deal, WWE has increased the importance of NXT with main roster stars appearing on NXT more frequently.
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NXT Officially Announces New TV Deal with The CW