In an update on the news that broke this afternoon that WWE SmackDown Live will be moving to FOX in October 2019 when the WWE’s contract with the USA Network for the show comes to an end, The Hollywood Reporter has provided additional details on the move.

The report notes that the television deal for SmackDown is a five-year-deal worth more than $1 billion over those 5 years and that breaking it down, it works out at $205 million per year for the show.