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PEPSICO'S MLB DEAL SMALL ENOUGH TO SHRINK INSIDE A BOTTLE?

          PepsiCo has reached a multi-year deal to become the
     official soft drink of MLB, according to Steve Zipay of
     NEWSDAY.  The agreement is worth about $50M and is "believed
     to be" PepsiCo's first "national sponsorship deal with any
     of the four major team sports."  The deal will be announced
     tomorrow and will focus on marketing and retailing, as Coca-
     Cola "has the pouring rights at most ballparks."  The Pepsi
     brand will sponsor the balloting for the All-Star Game
     (NEWSDAY, 3/18).
          LITTLE BY LITTLE? An AD AGE editorial entitled, "The
     Trouble With Baseball," reports that "Pepsi's pending
     sponsorship deal with MLB was once characterized as 'mega'; 
     now, spooked by MLB's bad publicity and uncertainty over
     what [MLBE CEO] Mr. [Greg] Murphy can deliver, Pepsi is
     eyeing a more scaled-back program, one without national
     advertising" (AD AGE, 3/17 issue).
          SMILEY'S PEOPLE: Marlins President Don Smiley, on a
     Brandweek report that Pro Player offered the Marlins a
     multimillion-dollar deal to outfit the club:  "There's
     nothing to it.  The way I read the agreement (between the
     clubs and Major League Baseball Enterprises) we simply don't
     have the latitude to strike a standalone deal" (Ft.
     Lauderdale SUN-SENTINEL, 3/13).

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