Herald: WBOS has edge in race for Sox rights
Bob Nelson
raccoonradio@gmail.com
Fri Apr 21 04:19:08 EDT 2006
http://business.bostonherald.com/businessNews/view.bg?articleid=136044
"The Boston Red Sox are within days of announcing a blockbuster
multimillion-dollar radio-rights deal that could dramatically
reshuffle the team's broadcast lineup, executives close to the deal
said.
"The Sox are in ninth-inning negotiations with media companies vying
for the deal, with Greater Media's WBOS-FM (92.9) having an edge,
executives said. An agreement could be announced early next week, if
not sooner, executives said.
"The price could hit $14 million per year. Sources say both Greater
Media and Entercom, whose WEEI-AM (850) is the incumbent, have offered
that much. But Entercom is said to be offering cash, while Greater
Media would provide both cash and a substantial equity stake in WBOS."
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