Sinclair set to buy Disney RSN in $10BN deal
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Editor
| 03 May 2019

The long-running saga of Disney's divestment of its 21 regional sports networks looks to have reached its end game in the form of a deal between the House of Mouse and Sinclair Broadcasting.

Disney has been required to divest the networks as a condition of its $72 billion acquisition of the media assets of Fox in 2018 and they have been valued by Guggenheim at an average of $860 million each, with the YES Network, home of the New York Yankees, considered to be worth more than $4 billion alone.

Only days ago The New York Post reported that Sinclair, with the backing of Amazon, was prepared to tender a $9 billion all-cash bid for the non-YES RSNs.

Yet , according to the Wall Street Journal, the USA TV station TV is set to purchase the nets in a deal worth $10 billion, Neither Disney nor Sinclair have to date confirmed the reports.