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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.

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ESPN and the NFL are in advanced discussions for ESPN to acquire NFL Media assets, including NFL Network and NFL+.
ANP via Getty Images

Overview

  • 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.