Monday, July 13, 2026

NBC’s $1B WWE Bet

Scott Utterback

Peacock is spreading its wings.

NBCUniversal’s fledgling streaming service struck a deal for exclusive rights to World Wrestling Entertainment content. The five-year deal is valued at more than $1 billion, a source told The Wall Street Journal. 

WWE will shut down its WWE Network streaming service in the U.S. in mid-March and instead license the content to Peacock.

  • WWE Network is adding 1.2 million subscribers to Peacock’s 26 million. 
  • Peacock subscriptions start at $4.99 per month and will include content like “WrestleMania” and “WWE Icons.” The commercial-free “premium” version costs $9.99 per month. 

One of the key things we’re trying to do is differentiate ourselves through live events and sports, and this premium content is a cornerstone of our strategy,” said Rick Cordella, executive vice president and chief revenue officer at Peacock.

NBC Sports Gold IndyCar TrackPass content is moving to Peacock as well, the latest in a string of sport-specific Gold passes that have been rolled into the service.

Peacock is also getting its own golf betting companion show — the first for a PGA Tour event, in partnership with PointsBet. The show, titled NBC Sports Edge BetCast, will be available on Peacock Premium starting Feb. 4.

The moves come after NBC’s announcement that it will shut down NBC Sports Network by the end of the year — a decision intended to bolster Peacock as it competes with giants like Netflix and Disney+.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Golf’s Final Major of 2026 Arrives Amid LIV–PGA Tour Questions

The pro golf landscape may look very different in 2027.
Jun 17, 2026; Southampton, New York, USA; Jon Rahm plays his tee shot on hole 15 during a practice round for the U.S. Open golf tournament.

Rahm Headlines 7 LIV Players at PGA Tour’s Scottish Open

The Scottish Open is co-sanctioned with the DP World Tour.

NBC’s MLB Takeover Could Offer a Glimpse of Baseball’s Future

The network’s “Star-Spangled Sunday” further heralds its return to MLB.

PGA Tour’s Biggest Events Deliver Ratings Gains Ahead of TV Talks

The $20 million events are a model for the new Championship Series.
podcast thumbnail mobile
Front Office Sports Today

7/13/26 – Seahawks Sell for $9.6B, FIFA Looks to Expand WC to 64 Teams, McGregor’s 69-Second Return, Sinner Wins Wimbledon

0:00

Featured Today

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
Aksha Bhatia, Max Homa, and Tiger Woods of Jupiter Links before a TGL match against New York Golf Club at SoFi Center on January 13, 2026, in Palm Beach Gardens, Florida.

Versant Buys Woods-Backed Golf Simulator Company for $530M

Full Swing is the predominant technology used by TGL.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
June 5, 2026

Tottenham Boardroom Rivalry Ends With Former Chairman’s Exit

Spurs say they “don’t know anything about” the deal.
Sponsored

Europe Hits Highs and Lows in Thrilling World Cup

Europe has dominated the 2026 FIFA World Cup, but shocking upsets have reshaped the tournament. See the key trends, odds, and semifinal storylines.
Casey Wasserman, Chairperson and President of LA28, during the media conference celebrating the 1000-day countdown to LA28 at Devon Park in Oklahoma City, Monday, Oct. 20, 2025.
May 8, 2026

Wasserman Buyers Narrow as PE Conflicts Sideline Major Firms

Private-equity firm TA Associates has removed itself from the running.
April 23, 2026

Want to Own a 100-Year-Old Austrian Soccer Team for $500?

Vestible’s first team is Kapfenberger SV 1919.
April 16, 2026

How Taylor Swift’s Catalog Led Her Former Label Boss Into Sports

Scott Borchetta profited greatly from the sale of Swift’s masters.
John and Louis Antonelli
Exclusive
April 13, 2026

Chernin Group Leads Funding Round in Social Box Score App ‘Real’

The app combines live stats and play-by-play with a social media experience.