WWE issued this statement today:
After a successful decade of “SmackDown” on both UPN and The CW, World Wrestling Entertainment and The CW have agreed to conclude our partnership. Since The CW’s exclusive negotiation period ran out as of last Thursday, January 31, we have been contacted and have been in negotiations with other networks. “WWE SmackDown” will continue to air on The CW until the conclusion of the 2007-08 broadcast season. We are grateful to Les Moonves, Dawn Ostroff, and their entire organization for bringing “WWE SmackDown” to millions of viewers for so many years.
Variety lists USA as a possible location, and says that while NBC has aired wrestling in the past, it might be “off-brand” according to an insider. TV Week throws My Network TV’s name out there, too, with several former UPN affiliates now being part of the new network — which last year ran IFL mixed martial arts programming on Monday and Saturday nights.