WWE Officials are reportedly planning on increasing talent pay later this year, according to The Wrestling Observer Newsletter.

WWE Talents are being told that when the new TV deal money kicks in later this year the new contracts will be way up from the previous deals that they were signed to. SmackDown LIVE will be moving to FOX in October and the renewed WWE deal with NBC Universal will start at that time as well.

There has been talk of the new deals being like other sports leagues where talents are signed for a dollar figure and that is what they will earn and then anything they earn above that is either a bonus or a contracted percentage of their merchandise sales. The Observer points to how WWE is no longer a live event-driven and PPV-driven business, but a guaranteed TV rights-driven business.

WWE could have plenty of cash to go around for Superstars that re-sign for the deals that include better pay as they signed two significant deals with NBCUniversal (RAW) and FOX (SmackDown LIVE) last year, totalling $2.34 billion over 5 years. There is no word yet on how much money might be earmarked for the talent contracts.