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Limbaugh signs 9-figure renewal contract for shows

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LOS ANGELES — Rush Limbaugh has renewed his contract through 2009 in a nine-figure deal that Premiere Radio Networks says is the highest priced in the history of radio syndication.

The network would not specify the dollar amount, though there are reports that it's as high as $250 million with a $35 million signing bonus.

"I am frequently asked if I expected this level of success, and the honest answer is yes. At least it was the goal, so why should I feign surprise when it happens?" Limbaugh said in a statement Monday.

The 50-year-old conservative broadcaster will continue his daily program, "The Rush Limbaugh Show," and "The Rush Limbaugh Morning Update," a 90-second commentary, which reach 20 million listeners on nearly 600 radio stations nationwide, according to the network.

The network also will continue to oversee "The Limbaugh Letter," a monthly newsletter with more than 400,000 subscribers, and Limbaugh's Web site, RushLimbaugh.com.

Limbaugh's show has been in syndication since August 1988.