First, can (or will) this town support all these sports stations? A new one just signed on in Houston (on the old KFNC-97.5FM) amidst a pool of three other sports stations. Talk about a diluted format there, and it's going to happen here. Even if you use the original Schum model for 990 (tying in with the FC-Dallas team, having a master plan of trading the once-established talk format at 990 over to 700 AM and starting up a sports talk station at 990,) there's no assurance of anything. There's not a major league sports team left to partner with, and no matter how the years pass and who comes and goes in this town, DFW listeners just don't rally around minor-league teams or unproven sports. But as a sports station, you need some sort of team sports relationship to draw in listeners and to tie in your events with.
Next, I understand your lead guy there at 990 is a little TOO passionate about the process, and seems to think there's no difference between leasing out 12 hours a day at possibly $20K a month, against TAKING OVER the station (as he puts it) in three months at a probable cost of $12 million. Emotion has gotten the best of that guy, and, while that's all cute and nice, slogans and pep rallies don't pay the bills. Does he have any radio ownership background? Business education? Marketing background? Solid investors? Or is it just coincidence that the 990 frequency seems to only draw in speculators and dreamers and underfinanced wanna-be's? Having an idea is fun and all, but your leader MUST have the whole plan fleshed out, and be in complete touch with REALITY. Ideas with no "legs" will go no-where. I would guess that this guy is hell-bent on this sports format, and that's all he can "see" and refuses to think about anything else that would work BETTER. That's where your leader ceases to lead. And it's not just his dime here...it's yours and anyone else's that works for him. It'd be tough to not look at the failures of Cafe 990, Mainstreet 990, KVCE-1160 and some others, and feel completely confident that your workplace will still be open the next day.
Women's talk is taking root elsewhere now, and it could still work here. There's not a lot left to program AM with. Music's out (sure, KAAM is still kicking, but there's only room for one.) If you're programming for an English-speaking audience, it's ultimately going to take finding some niche within the talk radio format. Sports is taken and already saturated. Conservative talk, the same. Perhaps moderate talk (no, not liberal necessarily) could be of interest IF MARKETED PROPERLY. Otherwise, one could do as most other AM's and whore the thing out to foreign language interests and just cash the checks.