Mile High deal is a sporting proposition

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KCKK-AM is changing hands. In fact, in a de facto sense it already has, but the documentation to give some permanence to an LMA have been filed with the FCC. Nathan Drage’s Mile High Sports Radio struck an LMA to run the station 8/1/07, and will pay 4.4M to own it outright. The seller is People’s Wireless Inc., headed by Timothy Brown. The payment will be split down the middle, half in cash and half via promissory note. The station has already abandoned Country for the Sports format the buyer’s name would lead one to anticipate.