ESPN reportedly selling equity stake for RedZone and other NFL properties

ESPN has reportedly reached a deal with the NFL to purchase RedZone, NFL Network, and other league holdings. As part of the agreement, the NFL will receive an equity stake in ESPN, which is potentially worth billions of dollars. The deal adds seven games and fantasy content to ESPN's assets. The transaction still requires regulatory approval, which could take up to a year to complete. The agreement marks the culmination of four years of complex negotiations between the two parties.
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