ESPN Nearing $2 Billion Deal to Acquire NFL Media Assets
The acquisition, which includes NFL Network and RedZone, could deepen ESPN's partnership with the NFL and bolster its upcoming streaming service.
- Negotiations between ESPN and the NFL for the acquisition of NFL Media assets, including NFL Network, NFL RedZone, and potentially NFL+, are reportedly close to finalization.
- The proposed $2 billion deal may involve the NFL taking an equity stake in ESPN, further solidifying their long-term relationship.
- The acquisition would expand ESPN's NFL coverage by adding live game broadcasts, popular shows, and consolidating NFL Draft coverage currently split between ESPN and NFL Network.
- NFL RedZone and NFL Network are highly valued for their appeal to fantasy football players and sports bettors, key demographics in sports media.
- The deal aligns with ESPN’s strategy to enhance its standalone streaming service, launching later this year, though it is unlikely to impact the upcoming NFL Draft in April.