After months of anticipation, All Elite Wrestling and Warner Bros. Discovery are officially extending their partnership with a multi-year, multimedia rights deal that is reportedly worth upwards of $150 million per year. WWE Hall of Famer Bully Ray has since weighed in on this news in the latest edition of "Busted Open After Dark."

AEW made it official on Wednesday night, announcing a new multi-year and multi-platform television rights agreement with Warner Bro. Discovery as the two celebrate the fifth anniversary of AEW:

AEW President Tony Khan has spoken highly of his partners at WBD in the midst of negotiating a new deal, but even after their exclusivity rights expired this summer, it didn't appear they'd be leaving. He did explain that they'd be negotiating Ring of Honor in the deal, however there was no direct mention of Khan's other promotion at all.

AEW and WBD have officially announced their new media rights deal, and it couldn’t have gotten any better for AEW fans. When the promotion was first announced, a lot of fans didn’t have many expectations,

This morning, Dave Meltzer reported on Observer Radio that the deal between AEW and Warner Bros' Discovery is worth $550 million. That makes the three

On Wrestling Observer Radio, Dave Meltzer gave an update on how much AEW is being paid by Warner Bros. Discovery in its new media rights deal. The deal was announced on Wednesday and is a three-year agreement with an option for a fourth year.