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Saturday, November 30, 2024
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Analysts Predict ESPN Could Be Worth $24 Billion in Potential Sale

As Disney continues to consider bringing in potential equity partners for ESPN, the perceived estimate of the network is rising.

Front Office Sports on Thursday reported that Bank of America Global Research valued The Worldwide Leader in Sports at $24 billion.

It was noted that as the network’s estimated worth continues to increase, so will the interest from potential partners like major sports leagues and tech giants like Apple.

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Disney reported to the U.S. Securities & Exchange Commission last month that ESPN generated $11.49 billion in revenue for the first nine months of fiscal year 2023 and $1.89 billion in operating income.

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