Article: McDonald's keeps NBA, to revive Beanie promotion.(advertising contract with National Basketball Association)

McDonald's Corp. is renewing its long standing global pact with the National Basketball Association and bringing back its popular Teenie Beanie Babies promotion this spring.

The NBA move comes as McDonald's is poised to finalized a decision not to renew its sponsorship of the National Football League that ended with the 1997 season. The NFL in 1998 is expected to command significantly higher fees.

"From our standpoint, we have been able to penetrate a wider base of fans [with the NBA]. We have a wider base of the kid and youth market actually playing the sport than in football," said Senior VP-Marketing Brad Ball.

He added, however, McDonald's hasn't ...

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