In a notable move for sports fans, ESPN has officially announced that it is acquiring NFL Network along with other _NFL media assets_. This deal includes gaining the _linear rights_ to the popular RedZone channel, and it will see the NFL receiving a _10% equity stake_ in the all-sports network. This deal was unveiled on Tuesday night, marking a significant shift in how fans will engage with football content.
As part of this agreement, ESPN will also take control of the NFL’s fantasy product, integrating it into its existing platform. This means that ESPN Fantasy Football will now be recognized as the _official game of the NFL_. In an additional arrangement, ESPN will license more NFL content and intellectual property, enhancing what will be available on NFL Network and its other platforms.
Going forward, the NFL Network will be fully owned and operated by ESPN. The network’s linear and digital rights will fall under ESPN’s control, and it will be incorporated into ESPN’s forthcoming direct-to-consumer streaming product. However, fans will also still be able to access NFL Network through traditional pay TV services.
ESPN chairman Jimmy Pitaro emphasized the deal’s potential, stating, _“By combining these NFL media assets with ESPN’s reach and innovation, we’re creating a premier destination for football fans.”_ He highlighted that the collaboration aims to reshape how fans connect with the game.
In terms of coverage, ESPN is set to add three more NFL games each season to their line-up, bringing their total to 28 games. Meanwhile, the NFL Network will continue to showcase seven games per season, with some shifting from ESPN’s original schedule. The exact dates and details of these games have yet to be disclosed.
ESPN will also hold broad rights to the RedZone channel, including the _trademark_, and will ensure its continued availability through pay TV operators. On the other hand, the NFL will remain responsible for operating and distributing the RedZone channel digitally and will keep some of its other media businesses operational, such as NFL Films and NFL.com.
This agreement is expected to spur significant changes in the way fans experience the NFL, offering more content and increased convenience. NFL commissioner Roger Goodell stated, _“The Network’s sale to ESPN will build on this remarkable legacy, providing more NFL football for more fans in new and innovative ways.”_
As for further developments, ESPN plans to launch its new streaming service in early fall at a price of $29.99 per month. This service will maintain the linear network’s name, _ESPN_, and will give users access to all seven of ESPN’s domestic linear networks along with several other streaming options.
These agreements now await approval from NFL owners and government regulators, paving the way for exciting changes in sports broadcasting.
