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BREAKING NEWS: Russ Martin Returns to Radio?

Two radio industry sources say that CBS Radio and Clear Channel Communications are in negotiations on a deal that could bring controversial and wildly popular radio host Russ Martin back to Dallas radio early this summer. The sources indicate that, should an agreement be reached, Martin -- whose

Russ Martin Show

was taken off the air in December 2008 when CBS flipped formats from guy talk Live 105.3 to sports talk 105.3 The Fan -- will host a morning drive show on Clear Channel's  97.1 The Eagle as early as July.

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"Russ and his gang are ready to roll," said one source. "They've already got their start date."

Martin did not return an e-mail inquiry and CBS Senior Vice President and Dallas Market Manager Brian Purdy offered only a "no comment" when asked about Martin's status.

The move, which will require some tricky contractual manuevering, would give a voice back to one of the most clever and combustible hosts in Dallas radio history.

Martin, who I profiled in this Dallas Observer cover story last summer, was taken off the air by CBS via a combination of the format flip and his arrest and ensuing plea bargain surrounding a domestic abuse charge involving his girlfriend.

Martin, whose CBS contract is scheduled to pay him an approximate $1 million salary through April 2011, would need Clear Channel to buy out the remainder of his CBS contract. In exchange, CBS would drop Martin's non-compete clause.

Stay tuned.

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