Less than two years after ESPN and Penn Entertainment signed a $2 billion, 10 year deal that launched ESPN Bet, the two parties have mutually agreed to end their partnership. As a quick recap, ESPN Bet was initially announced in August 2023 as Penns latest venture into the sportsbook industry. As part of the deal, Penn agreed to pay ESPN $1.5 billion in cash over a 10 year term , with another...
