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BIG-MARKET TEAMS RENEW THEIR RADIO DEALS: METS, BEARS
Published August 25, 1995
The Mets and WFAN-AM have agreed to a two-year extension of their partnership. The deal that expires this year paid the Mets $28M over five years or $5.6M per year. But since baseball and the Mets are not "as hot as they once were," Phil Mushnick reports that the new contract is for "considerably less money per season" (N.Y. POST, 8/25). In Chicago, the Bears decided to renew with WGN-AM for three more years with the price as high as $6M per year, making the Bears "easily the top NFL team in radio revenue." Infinity Broadcasting and Evergreen Media were reportedly also in the bidding. The Bears' current three-year WGN deal is for $4.5M per year (Steve Nidetz, CHICAGO TRIBUNE, 8/25).