The NBCU Upfront presentation is coming up this Thursday. There are people in the TV industry that believe a deal between WWE USA has been done and WWE is letting USA make the announcement on Thursday. That is not 100% confirmed but that is the story going around in the TV industry. There is no word on what the money terms are but whatever it is it’s likely to be at least what the highest bidder (outside of USA) bid for WWE since USA is allowed to match any outside bids.
USA is one of the most profitable cable networks so the timing of these negotiations was great for WWE since USA does not want to lose their slot as a top cable network. Without Raw on their network then they would probably be the number 6th or 7th cable network and they definitely don’t want that to happen.
News from this morning’s Wrestling Observer radio was used in this post. Please visit WrestlingObserver.com for subscription information.