WWE's SmackDown Returns to USA Network in Over $1.4 Billion Deal Starting in 2024

WWE SmackDown will return to air on USA Network starting in October 2024 as part of a new 5-year deal with NBCUniversal worth over $1.4 billion.
The deal marks SmackDown's return to USA after airing on Fox since 2019; the show previously aired on USA before moving to Fox.
As part of the deal, WWE will produce 4 yearly primetime specials for NBC beginning in the 2024-25 season.
WWE expects to reach a rights agreement for its flagship show Raw next year.
Shares of WWE's parent company TKO dropped over 12% following the announcement of the deal.