Report: ESPN To Acquire NFL Network Deal ‘All But Signed’

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It looks like ESPN is ready for even more football. The channel has been home to “Monday Night Football” since 2006, but it appears that ESPN is about to add a much greater selection of NFL content. 

A report from Mike Florio of Pro Football Talk indicates that the league is drawing close to an agreement with ESPN that will see the league gain an equity stake in the family of networks, and in exchange, ESPN will take over operations of NFL Network.

About ESPN’s potential acquisition of the NFL Network:

Background: ESPN, a prominent sports network, has been in discussions with the National Football League (NFL) regarding a significant deal. The proposed agreement could result in the NFL gaining an equity stake in ESPN, while ESPN would take over operations of the NFL Network.

Key Details:

• Advanced Talks: These discussions have been ongoing since at least January, with both parties exploring the possibilities.
• Potential Equity Stake: The NFL would receive an ownership interest in ESPN as part of the deal.
• Control of NFL Media: ESPN would assume control of NFL Media, which includes the NFL Network.
• Streaming Ambitions: Disney (ESPN’s parent company) seeks strategic partners to fund its future streaming ambitions. Having more NFL content could enhance their joint venture streaming platform, which features ESPN alongside channels from Fox and Warner Bros. Discovery.
• Potential Announcement: Industry insiders believe that an official pact could be announced soon, although no deal is final until it’s officially signed.

Implications:

• For ESPN: Acquiring the NFL Network would significantly expand ESPN’s football-related content, complementing its existing coverage of “Monday Night Football.”
• For the NFL: An equity stake in ESPN aligns with the league’s long-term goals and enhances its position in the media landscape.

What’s Next?: Keep an eye out for an official announcement, as negotiations continue.