National Football League

Money Moves

Holds 10% equity stake in ESPN

For 28 years ESPN was Disney's cable cash machine — a pay-TV channel that millions paid for whether they watched it or not. Disney's May 6 earnings report described something different: a standalone $29.99-a-month streaming service, an asset valued at $30 billion, and a sports network in which the National Football League now owns 10%.

Updated 3 hours ago

Rule Changes

Primary defendant; lost arbitration battle, petitioned Supreme Court

For twenty years, the National Football League has resolved disputes through an arbitration system controlled by its own commissioner. On February 13, 2026, a federal judge ruled that system cannot shield the league from allegations that it systematically discriminates against Black coaches. The ruling means evidence about how NFL teams actually make hiring decisions will become public for the first time.

Updated Feb 13