Pros
If you love sports, it doesn't get much better than this. Great people, good leadership, and a really fun place to work. Now adays, those are not easy things to find. It also provides pretty good job security, and despite compensatino shortcomings, it is the only division of the Walt Disney COmpany that pays an annual bonus every year.
Cons
First, Bristol is not a fun place to live, especially if you are young and single. It is two hours from anywhere. It is better for young families, however. Second, ESPN is notoriously bad at compensating people. They clearly believe that people will take less money to work here. They may by right, but after a while the fun wears off when you look at your bank account. Third, there is not enough turnover (i.e. no one ever leaves). This can make it challenging to advance.