CBS Sports has launched a new mobile application for iPhones and iPod Touch, allowing iPhone users to watch the live stream of upcoming NCAA March Madness basketball games. It's available in App Store and costs $4.99.

CBS said in a press release:

“As long as you have a Wi-Fi connection, you can see the games wherever you go - at work, on the road, at the stadium or even at home. Catch the college basketball upsets and buzzer beaters as they happen, no matter where you are.”

Beginning on March 19, basketball fans will be able to watch all 63 games on their iPhones -- along with its bracket results and highlights.  This app would expire on April 6. Will you buy it? I bet yes :-)

[via Techwack]