Baseball

Chicago White Sox -- Signed a two-year player development agreement with the Prince William Cannons of the Single-A Carolina League.

Colleges

Texas -- Suspended WR Lovell Pinkney and WR Mike Adams, both junior starters, for Saturday's game at Pittsburgh for violating the NCAA's amateurism rule by using a rental car provided for them.

Vanderbilt -- Named Ben Norton graduate assistant football coach.

Facilities

Madison Square Garden -- Announced that is has been purchased by Cablevision and ITT. The sale includes the NBA New York Knicks and the NHL New York Rangers.

Football

Note: NFL transactions are on Page 4C.

Baltimore CFLs -- Signed WR Mike Alexander.

Golf

United States' President's Cup -- Scott Hoch and Fred Couples gained places on the U.S. team with high finishes in the NEC World Series of Golf in Akron, Ohio, the last qualifying event for the competition in Manassas Lake, Va. Sept. 16-18. The other American team members are Tom Lehman, Corey Pavin, John Huston, Loren Roberts, Jim Gallagher, captain Hale Irwin and Davis Love III.

Horse racing

New York Racing Association -- Executive VP Gerald Lawrence resigned.