Lots of details on AEW-WBD deal
Added 2024-09-17 13:00:14 +0000 UTCAEW's deal with WBD is closing in, and could be hittitng a big benchmark
Brandon Thurston tweeted the following, regarding a report from John Ourand at Puck
"John Ourand at Puck reports AEW's new media deal with WBD "looks like" it will be a 4-year deal: 3 years guaranteed with a 1-year option. Ourand says $170M per year "is apparently in the ballpark." https://puck.news/newsletter_content/zaz-on-the-ropes-pac-12-action-charter-dealology/…
He says AEW will air on TNT, TBS, and TruTV twice per week, as part of a strategy to make TruTV more sports-oriented. The announcement of the deal "could come as soon as next week, barring any last-minute changes."
He says AEW is pitching an additional package to broadcast networks. The report at one point refers to AEW as "second-tier wrestling", though, Ourand writes that the deal "marks a clear success for AEW"."
Contacts we've spoken to close to the situation claim that this information does reflect the truth and the deal is being closed in on. We do not have a date in which the deal will be announced.
Sources we've spoken to at AEW say that things have been tight lipped about the future of the deal, and that talent has not been privy to the details of AEW's TV future, or the future of PPVs. However, several on both sides that we've spoken to believe that the MAX/PPV and streaming deals very well could be separate from the amount outlined by Ourand, and a part of a different deal the two sides are working on.
$200M a year was a large benchmark, which led to the "One Bil Phil," talking points, which referenced AEW being able to get an all encompassing deal of $200M per year on average over five years, equaling one billion dollars total. While the length of the deal wouldn't get them there, the $170M figure, plus additional PPV deals or revenue, as well as outside packages likely would.
Fightful reported earlier this summer that AEW had already been offered "at least double" their previous rights fees. Just after the Paris Olympics, another deal had been sent AEW's way, which we're told was "lengthy," and needed to be heavily reviewed. As of AEW All Out weekend, WBD sources told Fightful that talks were "amicable and ongoing."
AEW is still shopping additional packages, something we're told Tony Khan has been interested in doing in quite some time. It would appear as a result of this, AEW no longer will be exclusive to WBD, which was negotiated in as a result of the AEW Collision deal. This led to AEW Dark and Elevation being removed from AEW's Youtube slate. Fox has become a party of interest regarding AEW, and had also spoken to two other wrestling companies outside of WWE in recent years.
WBD has already prepared materials to announce their slate of programming for 2025.
We've not heard of any talks regarding ROH, but that's not to say those conversations haven't happened.
Although AEW's figures aren't publicly known, a TV deal of this size would make them profitable.
Andrew Zarian and Rich will have many more details on Beyond the Bell this morning.
Comments
The industry is undeniably better off with AEW around than without it. The bad faith “wrestling fans” who don’t recognize that only make themselves look more foolish each day. I completely understand being a fan of one company over another, and if you want to criticize any product based on the actual product go ahead, but the weird rooting for everyone else to fail stuff has really gotten old. Being an NFL fan shouldn’t mean you want the UFL or IFL to go away. Being an SEC football fan shouldn’t mean that you think the Big Ten should go away. Having other places for people to enjoy the sport and people within the sport to earn a living is a good thing. If you think AEW is an overgrown indie or an “outlaw mud show”, fine. But that place employs a lot of people and helps ensure that there are truly competitive contract negotiations in the industry. Neither of those are ever a bad thing. Don’t let the fact that your favorite wrestler chose to go to a different company than your favorite company cause you to have an irrational hatred of options existing.
Benjamin Brown
2024-09-18 12:45:17 +0000 UTCDespite this news, I'm sure the E marks will still insist AEW will be gone any day now.
Doogie
2024-09-18 12:29:25 +0000 UTCIt's an Antonio Brown Deal. Give you 3, see if you can get the ratings up.
David Marrs
2024-09-18 01:44:23 +0000 UTCThis is all very exciting. Beyond the $$ amounts AEW is due to bring in, scaling the product to a much broader and larger reach should be viewed just as important. With cable TV audiences diminishing ever so fast, its important to keep up with the people and keep your product available wherever they go. Having the product on Max will help do that, especially with their estimate 99 million users. Having PPV's available on MAX also helps the current base, saving them a lot of money, keeping them happy. I hope AEW has plans in place to help grow the brand outside of the TV product so its a bigger and better company for years to come.
Robbie Wray
2024-09-17 17:47:35 +0000 UTCWhoa. If this deal does make AEW profitable, that is definitely big news.
John Horton
2024-09-17 17:33:09 +0000 UTCWBD losing the NBA probably helped AEW make this deal happen. That was a massive loss for them and they need AEW more than ever to fill that hole.
John Horton
2024-09-17 17:33:02 +0000 UTCI’m sure they’re lining up now lol
Todd Silvers
2024-09-17 16:44:42 +0000 UTCI hope they bring back the YouTube shows (dark/elevation)
e d
2024-09-17 15:25:58 +0000 UTCThis is great 👍
Charles Lee Ray
2024-09-17 15:08:50 +0000 UTCPlease, please, please roll PPVs onto Max. Even if it’s the extra $10/mo.
Manton
2024-09-17 14:11:05 +0000 UTCIf I have to guess to that confusing "twice a week" thing I think is Live or First aired programming plus reruns. I think that's what last night's report from the Puck meant.
JC 1986
2024-09-17 14:07:58 +0000 UTCWbd is a shit show, I doubt they want to lock anything in with how in flux they are. Plus longer terms usually = more per year
Flameducky
2024-09-17 13:55:36 +0000 UTCSurprised it’s not a five-year deal but otherwise great news. Given the last deal also wasn’t five years either I guess WBD just doesn’t want to lock them down long term.
Scott Harris
2024-09-17 13:41:11 +0000 UTCGreat news and way over the amount many thought AEW would get. I was hoping for 5 years but 3 isnt terrible I guess.
Scott Newcomb
2024-09-17 13:26:52 +0000 UTCGetting that much for TV plus a totally seperate deal for PPV AND additional TV stations is insane. Say what you will about TK, he knows his shit when it comes to getting a good deal
Flameducky
2024-09-17 13:14:31 +0000 UTCGreat news for AEW and great news for the wider wrestling business. I look forward to all the usual suspects on social media trying to spin this as some sort of negative.
David C
2024-09-17 13:11:30 +0000 UTCDon't know what "twice a week" encompasses - presume they can simulcast Dynamite and something else on TBS and TruTV, and Rampage and Collision continue on TNT.
MB
2024-09-17 13:10:46 +0000 UTCQuite honestly whatever keeps this amazing wrestling company in front of my eyes is fine by me. I'm trying to think of a tv show that I've ever seen had this kind of discourse around signing a deal, stuff like the NBA I suppose did but a tv show but usually you just hear about the renewal or lack of and that's kinda it.
Insomnia Inc
2024-09-17 13:10:29 +0000 UTC🔥
Peter
2024-09-17 13:10:20 +0000 UTCHuge news for AEW and a massive W for the industry at large, you love to see it!
Alex Sabo
2024-09-17 13:09:08 +0000 UTC