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CBS FORKS OVER $1.7 BILLION FOR FINAL 4

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CBS Sports and the NCAA signed a deal that will keep the Final Four on CBS through the year 2002 as part of a package costing the network $1.725 billion. CBS and the NCAA said the deal replaces a 7-year, $1 billion deal that was to have run through 1997.

CBS also extended its contracts with Big Ten basketball and the PGA Tour, signing a 4-year deal.