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 17,813.39 1.20 0.01%
Nasdaq 5,116.14 13.34 0.26%
S&P 500 2,088.87 -0.27 -0.01%
Treasuries 2.23 -0.01 -0.49%
Data as of 9:03pm ET
Company Price Change % Change
Pfizer Inc 32.87 0.90 2.82%
HP Inc 12.64 -2.00 -13.66%
General Electric Co 30.36 -0.30 -0.98%
Bank of America Corp... 17.44 -0.03 -0.17%
Freeport-McMoRan Inc... 8.10 -0.20 -2.41%
Data as of Nov 25


Looks like the Magic Kingdom is lacking some sparkle. Disney's cable channels have lost millions of subscribers in recent years. More

Brazilian police arrested a prominent senator and billionaire CEO for interfering in the investigation of Petrobras, which has pushed Brazil into recession. More

Watsi crowdfunds donations to cover healthcare costs of those in need. And it's seeing a surprising trend: micro-donations via the popular Chinese social networking app, WeChat. More

Some of the coolest toys this year are from small businesses. Here are 10 hot toys that just might be a smash hit this holiday season. More

Facebook just increased the amount of paid time off new dads working at its international offices can take. More