CBS Extends PGA Deal Through 2019

NEW YORK ( TheStreet) -- CBS ( CBS) network has extended its deal with the Professional Golfers' Association of America to air the PGA Championship through 2019.

The network has broadcasted the golf season's final major since 1991 and said Thursday it will continue to air the tournament championship for another eight years.

The 93rd annual PGA Championship will begin on Aug. 11 at the Atlanta Athletic Club Highlands Course in Johns Creek, Ga.

As the golf season gets underway, critics tune into to watch the progress of golf legend Tiger Woods after his infidelity scandal last year.

"We didn't base this on him coming back as strong as he's been," CBS Sports president Sean McManus told the Associated Press.

Through the extended contract, the PGA will receive more money if the tournament draws strong ratings, McManus said

"This is going to be a good deal for CBS and, I believe, for the PGA of America also, whether or not Woods plays well again," he said.

Even as golf ratings have taken a hit due to Woods' recent struggles, McManus said, "from an advertiser standpoint and sponsor standpoint, it's as healthy as I've ever seen it."

"If it wasn't," he said, "we wouldn't have done a long-term deal."

--Written by Theresa McCabe in Boston.

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