Pwinsider is reporting that WWE is on the verge of announcing a new TV deal for NXT.
The report notes that the CW Network and WWE have been in deep discussions for weeks about NXT, which currently airs on the USA Network. The plan would be for NXT to move off the USA Network in 2024 and air live weekly on the CW Network.
The belief is that the deal is very close to being done, with the deal expected to be around five years in length, and it would easily be the biggest increase for WWE NXT media rights fees ever.
