Officialsportsbetting.com NBA Betting ESPN Holds Preliminary Equity Talks With NBA, MLB, NFL

ESPN Holds Preliminary Equity Talks With NBA, MLB, NFL

ESPN has held preliminary talks about bringing professional sports leagues on as minority investors. The NBA, MLB and NFL held talks with the media company.

Disney is considering a strategic partner for ESPN as the cable business undergoes transition.

In a statement, an NBA spokesperson said, “We have a longstanding relationship with Disney and look forward to continuing the discussions around the future of our partnership.”

The NBA and Disney have broached many potential structures around a renewal of media rights.

Disney owns 80 percent of ESPN. Hearst owns the other 20 percent.

Professional sports leagues could face conflicts of interest if they take a minority stake in ESPN.

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New York Knicks vs Boston Celtics
Type: Moneyline - Status: OPEN
New York Knicks - 1H+175
Boston Celtics - 1H-210
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Type: Moneyline - Status: OPEN
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Minnesota Timberwolves-225
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