NFL, ESPN closing in on equity ownership deal
Key Points
- The NFL is closing in on a deal to take a minority stake of up to 10% in ESPN, according to people familiar with the matter, potentially tying together two powerhouse brands in sports.
- The discussions are ongoing, and it’s possible the final deal may arrive at a smaller stake, according to the people.
- ESPN would own all of NFL Network and NFL RedZone, rather than just a controlling stake, if the deal moves forward as currently constructed, according to the people.