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- Report: ESPN to acquire RedZone, other NFL properties</p>
<p>Field Level MediaAugust 1, 2025 at 3:41 PM</p>
<p>Feb 5, 2025; New Orleans, LA, USA; The ESPN logo at the Super Bowl LIX media center at the Ernest N. Morial Convention Center. Mandatory Credit: Kirby Lee-Imagn Images (Kirby Lee-Imagn Images)</p>
<p>ESPN has reached a deal with the NFL to purchase RedZone, NFL Network and other league holdings, The Athletic reported on Friday.</p>
<p>The NFL will receive equity in ESPN that "is potentially worth billions" in exchange, according to the report. An official announcement is expected next week, ending a four-year period of complicated, on-and-off negotiations.</p>
<p>Both sides declined to provide comment to The Athletic.</p>
<p>In addition to RedZone and NFL Network, ESPN will gain access to seven more regular-season games and the NFL's fantasy football operations, as well as the potential to integrate sports betting and other special features.</p>
<p>The NFL's equity stake in ESPN could be as much as 10 percent, CNBC first reported and The Athletic confirmed.</p>
<p>An ESPN-NFL deal would require regulatory approval, a process that could take up to a year to complete.</p>
<p>The two sides already have a cozy relationship. ESPN pays the NFL about $2.7 billion per year to air a total of 25 games, including "Monday Night Football." The network also holds the rights to the Super Bowls in 2027 and 2031.</p>
<p>Friday's reported agreement comes as ESPN is preparing to launch its direct-to-consumer service, with subscribers paying $29.99 per month to bypass cable and satellite providers to view all of the network's programming through the ESPN app.</p>
<p>--Field Level Media</p>
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