Per TheAthletic, Disney and ESPN have reached an agreement that could potentially be worth billions of dollars. This landmark deal enables ESPN, to expand its content options and shift more to streaming and further from its dependence on conventional cable TV.

ESPN is expected to have access to RedZone, NFL Network and seven more regular-season games, among other assets.

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.