The two Canadians are considered among the best in the business today and fought against each other in a well-received world title match at WrestleMania.
They will be joined by rising star John Morrison and the popular R-Truth.
In return stunning Diva Kelly Kelly, former intercontinental champion Kofi Kingston and veterans Christian and Big Show were drafted to Smackdown.
All those major moves came in action packed episode of Raw which also saw a huge victory for the British Bulldog Dave Boy Smith's son.
DH Smith and his partner Tyson Kid, who wrestle as The Hart Dynasty, won the WWE's unified tag team titles from ShowMiz.
The pair, along with valet Natalya, were also then put on Raw as part of the WWE's supplemental picks — where they'll join legendary family member Bret 'Hitman' Hart.
Also added to the Monday night show as part of the supplemental draft were The Great Khali, Ranjin Singh, Ezekiel Jackson and Goldust.
Chavo Guerrero, Cody Rhodes, Chris Master, Hornswoggle, Rosa Mendes and MVP went in the opposite direction to Smackdown.
Ex-ECW stars Tyler Reks and Vance Archer have both also been moved to Smackdown, but their former co-workers Abraham Washington, Tony Atlas and Byron Saxton have been removed from TV and the WWE's website.
Edge immediately made an impact on Raw by turning heel and helping Batista defeat Randy Orton and Sheamus to become the No1 contender for John Cena's world championship.
The match, expected to take place at WWE's Over The Limit PPV on May 23, could be Batista's last as he's likely to leave wrestling and pursue a movie career.
It is thought WWE have strengthened the Raw roster to compete with both the NFL and rival wrestling firm TNA on Monday nights.
Jim Ross said of the draft: "It featured a mix bag of results. Raw loaded up as they prepare for Monday Night Football this autumn.
"It is imperative for any Monday night wrestling program to plan long term and to be able to roll into the fall with some degree of momentum and interest from a storyline perspective.
"Raw has and always will be WWE's top TV priority, as it should be, considering that Raw is generally the No1 program on cable TV."
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