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Image via TheSportster

A television deal has been reportedly reached between All Elite Wrestling and Turner, where the AEW weekly shows will be aired on TNT. According to TheWrap, an agreement between the two parties is “virtually done” and a press release is expected to be made on May 15th.

Since AEW is not a publicly traded company like its rival, WWE, the financial terms of the deal are not expected to be disclosed. Turner is a WarnerMedia company and now owned by AT&T while AEW is financially backed by Jacksonville Jaguars owner Shahid Khan, Tony Khan’s father. A TV deal with Turner will give a chance for AEW to compete with WWE on a major level.

The name and duration of the show is not yet revealed, though AEW has a trademark in the name of “Tuesday Night Dynamite.” They have an impressive roster with Cody and The Young Bucks being the founding members and the likes of Chris Jericho, Kenny Omega, Pac (fka Neville in WWE) and WWE legend Jim Ross recently signing with the company.

AEW’s first pay-per-view is “Double or Nothing”, which is scheduled to take place on May 25th, in Las Vegas. While the pay-per-view is available for purchase in the UK via ITV Box Office, it is still unclear whether the show will be part of the Turner deal.

WWE Raw (Mondays) and SmackDown Live (Tuesdays) are currently aired on USA Network, TNT’s primary competitor. However, WWE has agreed to a five-year deal with FOX network, and SmackDown Live will be moving from Tuesday to Friday which potentially opens up a spot for AEW and the name “Tuesday Night Dynamite” would make more sense.

The President and CEO of All Elite Wrestling, Tony Khan, is expected to be at the Turner upfront at Madison Square Garden where the announcement about the TV deal is expected to be made. Khan, along with the other roster members will be pitching to the media buyers.