WWE owner Vince McMahon agrees new 'billion dollar' deal with FOX to air SmackDown Live

WWE have reportedly agreed a "billion dollar" deal for SmackDown Live to move to the FOX network.

Although the switch has yet to be announced officially, the agreement has been described as “massive”.

ESPN say FOX’s on-screen partnership with WWE to air the blue brand will come into effect from September 30 2019 after the expiration of the current contract for SmackDown with the USA Network.

WWE CFO George Barrios has discussed the possibility of the Raw and SmackDown shows separating to two different companies.

He said: "Market determines that opportunity. From our end, [we don't think] it's an issue to split it.

"We have done it before. We think we're pretty good at promoting and moving our viewers from one platform to another.

"Seven or eight years ago, it was only from one network to another network, which changed dramatically. We can't over-emphasise it, is the nature of social and digital and helping do that.

"So, we've been able to do it before, we would feel even more comfortable doing it today just because we have a direct connection with all our fans which we did not have seven or eight years ago.

Source: Read Full Article