As first reported by Variety, AEW has signed a new multi-year multimedia deal with WBD that is valued at “upwards” of $150 million per year with all elements taken into account. AEW has since confirmed the new on all of their social media platforms.

AEW launched in 2019 as a rival wrestling promotion to the dominant WWE. Khan, the son of Jacksonville Jaguars owner Shahid Khan, has essentially built the AEW brand in partnership with TNT and TBS, which have given it national distribution and an audience.

All Elite Wrestling (AEW) has officially signed a new multi-year multimedia rights deal with Warner Bros. Discovery. Financial terms of the deal were not disclosed, but according to sources, the deal is valued at upwards of $150 million per year when all elements are taken into account.