Report: How Much AEW's New TV Deal Is Worth Revealed

All Elite Wrestling will be a part of a major announcement on Wednesday, May 17 on TNT and it is expected the creation of AEW Collision, a new Saturday night show from the promotion, will be made official along with the announcement of a new TV deal in the United States between AEW and Warner Bros. Discovery.

The new deal will reportedly give Warner Bros. Discovery exclusive rights to AEW programming in the US, which is why Dark and Dark: Elevation, the promotion's YouTube shows, were recently scrapped.

Rumours had suggested AEW's TV deal will be worth $1 billion but estimates don't appear to have been high enough. According to Wade Keller of PWTorch, AEW's new deal with Warner Bros. Discovery is expected to be worth approximately $240 million per year over five years, bringing the total sum to $1.2 billion. On average, the deal will bring in $4.6 million per week for All Elite Wrestling.

Along with Collision, Keller noted the expectation is a content agreement between AEW and the Max streaming service will be announced. Speculation has suggested that AEW All In could air on Max in the United States to avoid the promotion running two pay-per-views in seven days.

AEW programming has aired on Warner Bros. Discovery networks since 2019. A four-year extension for $175 million was agreed in early 2020.

AEW Dynamite currently airs on Wednesday nights on TBS, while AEW Rampage usually airs on Friday nights on TNT. AEW Collision is expected to air on Saturday nights from 8 pm until 10 pm ET on TNT.