Welcome to your new home! There have been a lot of changes to WWE in recent months with some of the most important involving the future of their television homes. This includes a new television deal for SmackDown, but Monday Night Raw and NXT have not yet announced their new homes. That was the case until this week, and now we have another new deal announced.

IN CASE YOU MISSED IT: They’re Into Him: WWE Backstage Officials Reportedly Impressed With Monday Night Raw Star

WWE has announced that NXT will be moving to the CW next October with a new five year deal. This will mark the first time that the show will be airing on a broadcast network as opposed to cable. According to the TKO earning call, the new deal will see a 70% increase in the broadcasting rights fees. There is no word on if this will affect the rumored (though not yet officially announced) NWA deal with the network.

NXT has been doing well as of late. Check out some of their recent efforts:

Opinion: That is quite the move for NXT, as the CW is a broadcast network rather than cable. While it’s not quite the same as SmackDown landing on FOX, this is hardly some nothing accomplishment. What matters most is that WWE is getting a big fat increase for their broadcasting rights as the company continues to make money hand over fist. I’m curious to see what Monday Night Raw gets, but for now, this is quite impressive.

What do you think of the deal? What do you think might change about NXT? Let us know in the comments below.

Please share this story on Facebook! And follow the Wrestling Rumors’ Twitter account for up to the minute news and more! Help us spread the word!

You can find more from Thomas Hall at kbwrestlingreviews.com, or check out his- Amazon author page with 30 wrestling books.

Get the LATEST RUMORS! Click to sign up for the exclusive Wrestling Rumors daily newsletter.

MORE IN WRESTLING

  • They’re Into Him: WWE Backstage Officials Reportedly Impressed With Monday Night Raw Star

    News
  • Monday Night Raw Results – November 6, 2023

    News
  • WATCH: 53 Year Old Former WWE Superstar Surprises Chelsea Green After Monday Night Raw

    News
  • REVIEW: Survivor Series 2003: The Stakes Are High

    Features
  • Priority Acquisition: WWE Very Interested In Signing Reigning NJPW Champion

    News
  • Nope: Former NXT Star Not Returning To WWE, Signs With New Promotion

    News
  • Battle Ready: WWE Announces Lineup For Survivor Series WarGames Match

    News
  • That’s A Relief: Often Injured WWE Superstar Returns To The Ring Again

    News
  • On The Dotted Line: WWE Officially Promotes NXT Stable To Monday Night Raw

    News
  • Double Shot: WWE Announces Two New Survivor Series Title Matches

    News