ESPN is acquiring the NFL Network and other National Football League media assets, including the linear rights to the league's popular RedZone channel, in a deal that will see the NFL get a 10% equity stake in the all-sports network,

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.