WWE heads to ESPN: Sports network lands $1.6 billion deal for streaming major events

The five-year deal is valued at over $1.6 billion, according to a report.

Disney’s ESPN will soon become the exclusive streaming platform to watch all of World Wrestling Entertainment’s biggest events.

The reported billion-dollar deal, announced on Wednesday, will give the Walt Disney Company subsidiary ESPN exclusive U.S. streaming rights for all of WWE’s major two-night events, including WrestleMania and SummerSlam, beginning in 2026, the companies said.

WWE’s major live events, including Royal Rumble, Survivor Series, and Money in the Bank, will also be featured on the network. The wrestling events are set to be part of ESPN’s new streaming service, which is set to launch later this month.

The five-year deal is valued at over $1.6 billion, according to The Wall Street Journal.

It’s a major bump up from WWE’s current five-year deal with Peacock, set to end this year, which was valued at $900 million, according to the report.

World Wrestling Entertainment’s biggest events, including WrestleMania, will soon be available for streaming on ESPN, thanks to a new billion-dollar deal the companies struck. (WWE)
World Wrestling Entertainment’s biggest events, including WrestleMania, will soon be available for streaming on ESPN, thanks to a new billion-dollar deal the companies struck. (WWE)

"WWE has an immense, devoted and passionate fan base that we're excited to super-serve on our new ESPN DTC platform," ESPN chairman Jimmy Pitaro said. "This agreement, which features the most significant WWE events of the year, bolsters our unprecedented content portfolio and helps drive our streaming future."

The deal also means that all of WWE’s pre- and post-event shows for all premium live events will be available to be streamed on ESPN.

"We are proud to reinforce the 'E' in ESPN at such an exciting juncture in its direct-to-consumer journey," Mark Shapiro, president and chief operating officer of TKO, which owns WWE, said in a statement.

He continued: "WWE Premium Live Events are renowned for exactly the type of rich storytelling, incredible feats of athleticism and can't-miss, cultural tentpole experiences that have become synonymous with ESPN. Through our UFC relationship, we have experienced firsthand how transformational an ESPN presence can be, and we know this will be an exceptional partnership at a time of great innovation for both companies."

The events will be available on ESPN’s new streaming service, set to debut on August 21 and cost $29.99 a month.

Category: General Sports