The NFL is deep in negotiations to pursue a long-standing ambition relating to its media involvement, in line with a brand new report.
ESPN and the NFL are engaged in “superior talks” over a deal that might see the league buy a stake within the community, in line with Andrew Marchand of the New York Submit. The settlement would see ESPN take management of the league-owned NFL Community, with the NFL receiving fairness in ESPN in return.
Negotiations are ongoing and should take months to finish. Nevertheless, talks are severe sufficient that league homeowners and the NFLPA have each been notified of the progress.
The NFL has wished to unload NFL Media for a while, because it has not been a monetary success for the league. ESPN, in the meantime, would have the benefit of being carefully tied to probably the most highly effective sports activities league in America because it prepares to maneuver to a direct-to-consumer mannequin throughout the subsequent two years. ESPN has an current $2.6 billion rights cope with the NFL, which incorporates the “Monday Evening Soccer” package deal.
The 2 sides have lengthy been tightly sure on enterprise issues, however this will surely be a brand new degree of cooperation. It isn’t clear what it could imply for each events, however it could actually be an indication that ESPN is doubling down on its already-widespread NFL protection.
