Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

CBS, Turner to share NCAA basketball

By Julianne Pepitone, staff reporter


NEW YORK (CNNMoney.com) -- The NCAA has reached an agreement with CBS and Turner Broadcasting to show the men's college basketball tournament from 2011 to 2024 in a $10.8-billion-dollar deal.

Games will be shown live across four national networks -- CBS and Turner-owned TBS, TNT and truTV -- for the first time in the 73-year-old championship's history, the companies said in a statement released Thursday.

CBS (CBS, Fortune 500) Sports has broadcast the NCAA Division I Men's Basketball Championship since 1982.

Turner Broadcasting is owned by Time Warner (TWX, Fortune 500), the parent company of CNNMoney.com.

Starting in 2011, the opening -, first- and second-round games will be shown nationally on all four networks. CBS and Turner will split coverage of the regional semifinal games.

Through 2015, CBS will broadcast the regional finals, the Final Four and the championship game. Starting in 2016, those games will alternate every year between CBS and Turner's TBS.

The companies also said the NCAA Division I Men's Basketball Committee passed a recommendation late Wednesday to increase the tournament size to 68 teams, from 65, beginning in 2011.

Some news reports had speculated the field size would increase to as many as 96 teams. The Division I Board of Directors will review the committee's recommendation at its April 29 meeting. To top of page

Index Last Change % Change
Dow 17,873.22 44.93 0.25%
Nasdaq 4,933.51 31.74 0.65%
S&P 500 2,099.06 8.96 0.43%
Treasuries 1.85 0.03 1.54%
Data as of 1:03am ET
Company Price Change % Change
Bank of America Corp... 14.88 0.18 1.22%
Coca-Cola Enterprise... 51.55 0.69 1.36%
Baxalta Inc 45.53 -0.17 -0.37%
Apple Inc 100.35 -0.06 -0.06%
Micron Technology In... 12.31 0.36 3.01%
Data as of May 27
Sponsors

Sections

Jean-Claude Decaux, the French businessman who produced the first automatic public toilets, died at the age of 78. More

Janet Yellen hinted again Friday that a June or July interest rate hike is a very real possibility. More

The FBI has opened a national security investigation into the hacking of Bangladesh's central bank amid signs that the hack might have come from North Korea. More

The gender pay gap in the labor market is pretty well documented. But the gender gap also exists in the housing market. More