Per SmackDown Live General Manager Daniel Bryan:
It's a #NewEra for #SDLive and a new era needs NEW Championships! Tonight @shanemcmahon & I will debut TWO new titles exclusive to #SDLive!— Daniel Bryan (@WWEDanielBryan) August 23, 2016
He’s presumably referring to tag team and women’s championship titles to give those two divisions something to fight over. Here’s to hoping those belts look better — and have better names — than the vacate Universal championship over on Monday Night Raw.