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G.I. BILLY JOE HOBERT? NFL AND HASBRO ENTER TOY PARTNERSHIP

          The NFL and R.I.-based Hasbro have entered into a
     multi-year major toy and game partnership which will see
     products produced bearing the logos of the NFL and its
     member clubs under such brand names as Nerf, Parker Bros.,
     Kenner, Starting Lineup and Milton Bradley.  The partnership
     also includes an agreement between Hasbro and the NFL
     Quarterback Club, whereby Hasbro will produce toys and games
     bearing the likeness of the top names in football, including
     Brett Favre, Troy Aikman and Steve Young.  The first
     products will be an expanded assortment of Hasbro's Starting
     Lineup figures.  Hasbro will also offer a first-time
     assortment of larger figures called "Gridiron Greats," as
     well as a series featuring NFL players from the past called
     "Timeless Legends."  A more comprehensive product selection
     will be available to consumers in the Fall of '98 (NFL).
          ON THE STREET: Stefan Fatsis writes in the WALL STREET
     JOURNAL that according to "people familiar with the deal,"
     the NFL will get $6-10M in guaranteed payments from Hasbro,
     plus product royalties, in the four-year deal.  Analysts
     call the pact "the broadest alliance yet" between a pro
     sports league and a toy company, and Fatsis writes that the
     alliance "is designed to dovetail with a league effort to
     increase youth interest in football."  Hasbro President of
     Brand Marketing & Product Development Ginger Kent said that
     Hasbro would attempt to "expand business in the preteen and
     teenage markets" via the deal (WALL STREET JOURNAL, 8/21).

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