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Thread: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

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    SD Live WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Big big news coming out today.

    Following last week's Hollywood Reporter story on the USA Network retaining Raw but letting SmackDown go up for bidding, ESPN sports business analyst Darren Rovell reported today that WWE and Fox have agreed in principle on a deal for Fox to become the new home of SmackDown. Exact financial numbers weren't immediately disclosed, but Rovell wrote that sources described Fox's offer as "massive."


    The Wrap also reported on the deal, adding that SmackDown will begin airing on Fox's main broadcast channel in the fall of 2019 and will be moved to Friday nights when that happens. SmackDown previously aired on Fridays in a taped format for much of its history.
    Officials from WWE and Fox have not commented on the reports.


    In the most recent edition of the Wrestling Observer Newsletter, Dave Meltzer wrote that the USA Network/NBC Universal paying as much as three times more for Raw than they did in the previous deal, as the Hollywood Reporter claimed, would mean that WWE would be getting around $240 million annually for Raw alone and that analysts had been expecting $240-300 million for Raw and SmackDown together.


    The Hollywood Reporter is reporting that WWE's deal with Fox is a five-year agreement that is worth $205 million per year.


    They also noted that WWE is said to have gotten an even higher bid for SmackDown that wasn't from NBC Universal or Fox, but "WWE executives are said to have embraced Fox's commitment to heavily promote SmackDown across a robust sports portfolio that includes the NFL and Major League Baseball." Facebook and Amazon had been mentioned as possible destinations for the show.


    WWE stock is currently above $57 per share, which is an 11 percent increase on the day.

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    By 2020 Smackdown arguably will be the bigger show than Raw.

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    The stock is killing it right now, up close to 15% today.


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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Wow! Gotta hand it to WWE, they are an incredible business. Good time to invest in WWE from the looks of it.
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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Bad, Fox. Bad! You don't reward WWE for their shitty behaviour. Bad!

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Amazon would have been brilliant

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Question: Fox lately has been cancelling Shows haven't they lately on their Channel? I mean they was even word my Show Gotham was going to be cancelled, but it doesn't seem to be happening. I do remember other Shows being cancelled like Lucifer, but somehow they are all freed up for Smackdown Live. This is history is this the first time Fox will ever be showing a Wrestling product on their Channel?

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by Kairi HoHo View Post
    Question: Fox lately has been cancelling Shows haven't they lately on their Channel? I mean they was even word my Show Gotham was going to be cancelled, but it doesn't seem to be happening. I do remember other Shows being cancelled like Lucifer, but somehow they are all freed up for Smackdown Live. This is history is this the first time Fox will ever be showing a Wrestling product on their Channel?
    I Believe the aired the AWF for a period of time in the mid-90's

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by MC 16 View Post
    Wow! Gotta hand it to WWE, they are an incredible business. Good time to invest in WWE from the looks of it.
    Well, last month would of been a better time to do it before any news had come out about the TV deals.

    Vince was really premature in selling $100 million of his own stock in December to set up the XFL.

    Quote Originally Posted by Marketh
    Bad, Fox. Bad! You don't reward WWE for their shitty behaviour. Bad!
    That's the downside to all this, that it literally doesn't matter that they are out to lunch in booking their own screen product because the company has never had it better financially. Vince can carry on with failed project Roman until the cows come home, he'll still be laughing all the way to the bank. They'll focus on making TV in more quantity than quality.

    The big worry is 3 hour Smackdowns.

    Quote Originally Posted by Kairi HoHo View Post
    Question: Fox lately has been cancelling Shows haven't they lately on their Channel? I mean they was even word my Show Gotham was going to be cancelled, but it doesn't seem to be happening. I do remember other Shows being cancelled like Lucifer, but somehow they are all freed up for Smackdown Live. This is history is this the first time Fox will ever be showing a Wrestling product on their Channel?
    Live TV that's less likely to be DVR'd is where it's at for networks for ad money.

    Between this recent WWE TV deal news, All In selling out in under an hour, ROH setting new records for their tours, New Japan growing, and various indies like Progress, OTT and wXw doing their biggest shows ever this year, wrestling is really healthy right now. Washed up 90s stars talking trash about modern wrestling and how the kids today are killing the business need to hit the brakes on their podcasts, because wrestling is in pretty good shape at the moment.

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    dont forget, this means 205 live will have tuesday primetime baby

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by Kairi HoHo View Post
    This is history is this the first time Fox will ever be showing a Wrestling product on their Channel?
    It's not even the first time they've shown WWE on their channel. The 2 SNMEs from 1992 were shown on Fox.

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by Jim View Post
    It's not even the first time they've shown WWE on their channel. The 2 SNMEs from 1992 were shown on Fox.
    I was just four years old, probably picking my Nose and watching Ninja Turtles to remember that. ^Dook I feel you

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by Kairi HoHo View Post
    I was just four years old, probably picking my Nose and watching Ninja Turtles to remember that. ^Dook I feel you
    Don’t get indyfan started


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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Don't forget guys Fox might be owned by Disney all goes through, so WWE might under the Disney Umbrella soon imagine the thought of that. ^TMNT 1990 rules I think I reviewed that Movie on a Side note.

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by Kairi HoHo View Post
    Don't forget guys Fox might be owned by Disney all goes through, so WWE might under the Disney Umbrella soon imagine the thought of that. ^TMNT 1990 rules I think I reviewed that Movie on a Side note.
    Fox network isn't part of that, I believe.

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Fox is keeping their TV and news stations I believe.

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Also, why are we trashing a treasured classic like TMNT '90? Can we all just agree TMNT 3 sucked?

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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by Smarkslayer View Post
    Also, why are we trashing a treasured classic like TMNT '90? Can we all just agree TMNT 3 sucked?
    Nobody's trashing it


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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by Mitch Maverick View Post
    Nobody's trashing it
    What about 3? Can we trash that?

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    WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    Quote Originally Posted by Smarkslayer View Post
    What about 3? Can we trash that?
    TMNT 3 is the 3rd greatest movie of all time - indyfan

    But back on topic this a huge deal for WWE. I love Smackdown on Tuesday but they gotta do what they gotta do.
    Last edited by Slick Mitch; 05-22-2018 at 02:00 AM.


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    Re: WWE and Fox Reportedly Agree $1 Billion Smackdown Deal

    So, Smackdown will actually be on Fox network, and not one of their cable sports stations?
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