Government OKs ESPN’s blockbuster deal for NFL Network from league

Government regulators approved ESPN's acquisition of NFL Network, linear rights to the NFL RedZone Channel and other league media assets in exchange for a 10% equity stake in ESPN, the NFL and ESPN announced late Saturday night.

The blockbuster deal was formally announced last August pending reviews by the Justice Department and other non-US antitrust authorities, which are now complete.

"With the closing, we will begin integrating NFL employees into ESPN in the months ahead," ESPN and the NFL said in a joint statement.