NFL in a landmark agreement. Most notably, ESPN acquired NFL Network and the league's ever-popular RedZone channel, which shows every touchdown from every game, as part of the deal. The NFL will acquire a 10% equity stake in ESPN as part of the deal.

"The deal could potentially result in higher costs for consumers, as Disney's dominance in sports media could limit options and drive up prices for streaming services or game access," Barlow said. The Justice Department is expected to conduct a substantive review of the new ESPN-NFL transaction,

ESPN announced Wednesday that it has made a non-binding agreement with the National Football League to acquire the NFL Network and some other media assets.