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With the media landscape ever changing in sports, it sounds like Apple is pursing a potentially massive move, as rumors are they want to buy ESPN.
If the deal ends up going through, the trillion dollar company would get the rights to multiple professional sports leagues.
During a segment on CNBC’s Last Call hosted by Brian Sullivan, Wedbush Securities analyst Dan Ives made a guest appearance and dropped a bombshell during his interview.
According to Ives, he believes “it’s a matter of when — not if — ESPN and Apple get together.” If that’s the case, we could be hearing an official announcement in the coming months.
ESPN is currently owned by Disney. So, if Apple wants to make a serious move and buy the world wide leader in sports, Ives projects the price tag would be a whopping $50 billion.
It’s important to note that these talks are simply speculation for now. But it’s a move that could change the way we watch sports completely.
Especially considering a deal like this would give Apple the rights to the NFL, NBA, WNBA, MLB, NHL, UFC, the PGA Tour, tennis Grand Slams, Formula 1, and college football’s Big 12 and SEC Conferences.
We’ll have to wait and see if this potential purchase goes through or not. But Apple has the capital to make a big deal like this, as the company is currently worth $2.73 trillion.
With that said, it would be pretty awesome if this happens. There’s a chance sports viewing becomes much more available if Apple ends up owning ESPN. But only time will tell if this rumor comes to fruition or not.