ESPN announced Tuesday evening that they are acquiring the NFL Network and other National Football League media assets. The deal includes the linear rights to the league’s popular RedZone Channel. In return,

The National Football League announced Tuesday a non-binding agreement with ESPN, allowing ESPN to acquire NFL Network and other media assets including RedZone and NFL Fantasy in exchange for a 10% equity stake in ESPN.

ESPN and the NFL have reached a deal that will see the Disney-owned sports media company acquire NFL Network and certain other media assets owned and controlled by the NFL in exchange for a 10 percent equity stake in ESPN.