ESPN and WWE reached a five-year, $1.6 billion agreement that includes exclusive rights to air the wrestling company’s premier live events (PLE) beginning in 2026, according to the Wall Street Journal, as part of the Worldwide Leader’s new direct-to-consumers streaming service launching later this month.

Royal Rumble, SummerSlam and more from the WWE will come with a subscription to ESPN's new streaming platform.

ESPN is paying an average of $325 million per year for five years of WWE's premium live events, including WrestleMania, SummerSlam and Royal Rumble.