Yes, but they don't put very much time or money into it, unlike Rivals and Scout.
Being a member of OUInsider(ESPN affiliate site), I can tell you that ESPN is putting forth millions of dollars into it. Buying the rights to the Elite 11 camp, starting the UA AA game, hiring Scouts Inc., starting their own databse, and they have apparently bought a HS/College sports magazine that is national and plan to use that for their college affiliate sites. All for the sake of basically taking over the recruiting site scene.
The affiliate sites are ESPNs inside link into every major college program in the nation. When the site gets news, they email it straight to ESPN.
ESPN has pretty much done what our gov't is doing in throwing money at the problem, but getting more out from it.