The PGA Championship will remain with CBS Sports and pick up a powerful partner in ESPN for weekday rounds as part of an 11-year agreement in which the networks will combine to deliver 175 hours of coverage across broadcast, cable and digital platforms.
Financial terms of the deal announced Wednesday were not disclosed, though it was clear the PGA Championship is more attractive held in May than in August.
The agreement gives CBS and ESPN, which broadcast the Masters, the first two majors of the year.
“I can tell you from our standpoint, the property was more valuable in May than in August,” said Sean McManus, chairman of CBS Sports. “We are paying a rights fee increase. It was definitely a more attractive package.”
McManus said the number of households watching on…