WWE Reportedly Bringing In $30 Million Per Year For NXT On The USA Network

WWE will reportedly be generating $30 million per year from the USA Network for NXT, according to Guggenheim Securities analyst Curry Baker.

Baker cited conversations with WWE and said that the deal was for "one or two years", via Deadline. Baker now has a "Buy" rating on WWE shares.

Starting in October, WWE will also pull in an estimated $205 million per year with SmackDown on FOX, as well as $265 million per year with RAW on the USA Network, so WWE will generate an estimated $495 million per year just from these three domestic television deals.

NXT will air live each Wednesday night from 8-10pm ET on the USA Network from Full Sail Live starting on September 18th. It will be head-to-head with AEW once their show premieres on TNT on Wednesday, October 2nd.