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ESPN sells majority interest in iconic X Games brand

FILE -Elizabeth Hosking airs out of the superpipe during the women's finals at the Winter X Games on Saturday, Jan. 22, 2022, at Buttermilk in Aspen, Colo. ESPN sold its majority stake in the X and Winter X Games on Wednesday, Oct. 26, 2022 marking the end of a nearly three-decade chapter during which the network helped propel snowboarding, skateboarding and other action sports out of the fringe and into the mainstream.(Kelsey Brunner/The Aspen Times via AP, File) FILE - In this Jan. 31, 2010, file photo, Colby Crapo, left, leads Carl Schubitzke over a jump during a heat to determine placement in the snowmobile snocross final at the Winter X Games at Buttermilk Mountain outside Aspen, Colo. ESPN sold its majority stake in the X and Winter X Games on Wednesday, Oct. 26, 2022 marking the end of a nearly three-decade chapter during which the network helped propel snowboarding, skateboarding and other action sports out of the fringe and into the mainstream. (AP Photo/David Zalubowski, File)