The New York Yankees are close to a broadcast agreement with CBS Corp. (CBS:US)’s WFAN, the radio home of the New York Mets since 1987, according to a person with direct knowledge of the negotiations.
The person was granted anonymity because the discussions are private. Newsday reported the news today, saying the deal would be worth more than $15 million annually starting in 2014.
The Yankees have been carried by another CBS-owned station, WCBS, since 2002.
If an agreement is reached, the Yankees would replace the Mets on WFAN, which has broadcast the National League team’s games since before All-Star pitcher Matt Harvey was born.
Yankees spokesman Jason Zillo and Jay Horwitz, a spokesman for the Mets, declined in e-mails to comment. Karen Mateo, a spokeswoman for CBS Radio, declined to comment.
Winners of a Major League Baseball-record 27 World Series titles, the Yankees’ previous radio agreement with WCBS expires after this season.
WFAN premiered on July 1, 1987, as the first 24-hour, all-sports radio station, according to its website. It is also the radio home of football’s New York Giants, hockey’s New Jersey Devils and basketball’s Brooklyn Nets.
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