ESPN is set to acquire NFL RedZone and several of the league's other top media holdings, according to The Athletic's Andrew Marchand, who also reported Friday that, in return, the NFL will receive equity in ESPN that is potentially worth billions of dollars.

After rumors swirled recently that the NFL could sell some of its top media properties to ESPN, it appears a deal has been reached. According to The Athletic's Andrew Marchand, ESPN and the NFL have agreed to a deal that "is potentially worth billions,

Andrew Marchand of The Athletic reports that ESPN and the NFL have agreed to a deal "potentially worth billions" that will merge the NFL Network and RedZone with ESPN. The deal comes after four years of negotiations that resulted in a "complicated agreement" that allows ESPN access to those two TV Channels.