Tony Khan believes AEW is having one of its best years ever. But while Dynamite just hit its six-year milestone, the celebration lands next to a brutal reminderNXT on the CW has been crushing them in the ratings.
During a new interview with Forbes Rob Wolkenbrod, Khan reflected on AEWs growth, calling 2025 their strongest year yet across both television and pay-per-view.
He credited AEWs rise to three key factors: the best wrestlers in the world, an incredible staff, and the most loyal fans we could ever hope for. Khan also addressed AEWs streaming success, especially with HBO Max coming into the fold.
He backed that up with numbers from previous quarters.
But while AEW keeps touting momentum, Forbes writer Alfred Konuwa quietly delivered a sobering update. He revealed that NXT on CW has beaten AEW Dynamite in the ratings 48 out of the last 52 weeks since moving to broadcast television. Even more, Konuwa pointed out another powerful stat:
That includes Trick Williams, Oba Femi, and now Ricky Saintsall holding the top spot while NXT thrives on network TV. AEW may be celebrating with pyro and press quotes, but NXT is quietly owning the scoreboardand doing it with a consistent message and visible diversity at the top.
Do you think Tony Khan is ignoring the growing gap between AEW and NXT? Or does AEW still have the momentum to flip the narrative before the year ends? Drop your thoughts belowwe want to hear from you.
