(BVonMoney.com) — The NCAA just got a bit richer this year, signing a new contract with CBS Sports and Turner Sports for $10.8 billion dollars over 14 years. This contract is a 41 percent increase over the mammoth deal the NCAA signed back in 2001. It is also going to expand the tournament field to 68 teams, from the original 65. This is not the total annual revenue for the league. Instead, it simply represents the television rights to air March Madness each year.
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