All Elite Wrestling was officially announced last night, and sources have confirmed Jacksonville Jaguars co-owner Tony Khan is President of the company.

As we previously reported, the Khan family has been connected to the rumors of All Elite Wrestling since they first began. Our sources say that’s because Tony Khan is a big part of AEW, as he’ll be serving in the top role of the company.

We’re told Matt Jackson, Nick Jackson and Cody Rhodes will serve as Executive Vice Presidents. Sources say keeping the creative team behind All In together was a huge element of the deal.

In case you missed it, the group will be holding a rally at TIAA Field next week to announce more details about the followup to All In titled “Double or Nothing.” The rally just so happens to be within walking distance of the SmackDown taping happening on the same day.

According to PWInsider, the group has already had conversations with multiple networks about a possible TV show in 2019 — but no word on which ones exactly. AEW is also apparently actively talking to talent about signing multi-year contracts.

FYI — Forbes claims the Khan family is estimated to be worth $6.3 billion. They also own Fulham F.C.

Sounds like this year is going to get interesting.