Financial Details On AEW’s Multi-Year Rights Deal With Warner Bros. Discovery

A new multi-year multimedia rights deal has been signed between AEW and Warner Bros. Discovery. AEW pay-per-views will be available on Max later in 2025 at a discounted price per event.

Variety had reported the deal is valued at upwards of $150 million per year when all elements are taken into account. Dynamite and Collision will remain on TBS and TNT.

While speaking on Wrestling Observer Radio, Dave Meltzer noted the deal is worth $555 million over three years. That doesn’t include the revenue from PPV events.

Meltzer said, “$555 million over three years. [It] averages $185 million a year. It starts lower, the middle year will probably be about that, and then the third year would be up from that. And the fourth year would be way up. I’m presuming it includes the buying of the pay-per-view in that figure.”

AEW is still shopping around Shockwave, with it rumored to land at FOX while Rampage is expected to be discontinued.

If you use any portion of the quotes from this article, please credit F4WOnline.com with an h/t to WrestlingNews.co for the transcription. An F4WOnline.com subscription includes the Wrestling Observer Newsletter and daily audio shows in addition to thousands of hours of archived audio shows.

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