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.

The NFL and ESPN announced on Tuesday that the league and the cable television giant had agreed to a deal that will see the NFL Network channel and other NFL assets headed to ESPN in exchange for a 10% equity stake in the Disney-owned network.

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.