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PGA Tour Extends CBS, NBC Television Deals Through 2021

The U.S. PGA Tour reached nine-year television contract extensions with CBS Corp. and Comcast Corp.’s NBC through 2021 as the networks prepare to focus more on golf’s rising stars and less on Tiger Woods.

Financial terms weren’t disclosed by Tour Commissioner Tim Finchem during a conference call. Finchem said the rights “were increasing” without providing dollar figures or percentages.