WWE has confirmed that the members of The New Day and the members of The Street Profits have all signed new deals with the company.

Kofi Kingston revealed on The New Day's 'Feel The Power' podcast earlier this week that he recently inked a new five-year contract with WWE.

It has now been reported that Xavier Woods and Big E have also joined him in signing new deals with the company, as well as Angelo Dawkins and Montez Ford of The Street Profits.

Ryan Satin on WWE Backstage last night added that Woods and Big E of The New Day had also signed new five-year deals with the company.

He also added that Dawkins and Ford of The Street Profits had also signed new deals with WWE, but the length of their contracts are yet to be confirmed.

An interesting note about The New Day's new contracts is that they negotiated their deals for the same pay and the same terms as a way to show solidarity within the group and to be seen as equals.

It's been a huge year for The New Day, as the group has been able to have success in both the singles and tag team divisions.

Kingston had a huge WrestleMania moment where he defeated Daniel Bryan for the WWE Championship at WrestleMania 35 in April and he held the title until he was defeated by Brock Lesnar in October.

The New Day also became the tag team champions for the seventh time as a group in November, winning the SmackDown Tag Team titles for a record-breaking fifth time.

The group now waits for Woods to return to action, who is currently unable to compete due to an Achilles tear and he could end up missing WrestleMania 36 in 2020.

As for The Street Profits, it's been a big year for them too, and they have a promising future ahead of them.

At NXT TakeOver: XXV in June, they won the NXT Tag Team Championship for the first time, defeating  Oney Lorcan and Danny Burch, Kyle O'Reilly and Bobby Fish of The Undisputed Era, and The Forgotten Sons' Wesley Blake and Steve Cutler.

Later on in the year, The Street Profits began making appearances on Raw until they were officially signed to the brand when they were selected by Raw in the WWE Draft.

It looks like WWE has big plans for both The New Day and The Street Profits over the next couple of years, locking them down to multiple-year deals with the company.