Its not on TV live this year but lots of ways to "watch" or keep up with the 3-day Classic which started today. One cool way is via the basstrakk page/app at http://www.bassmaster.com/tournaments/basstrakk that shows where all or selected competitors are on the lake and where they caught fish. It also provides the unofficial on the water leaders.
Though its not on a TV channel, you can watch it more clearly on a big screen TV like i am.... really cool. I just pulled up the live Weigh-In page of the bassmaster.com site on my iPad, then use the ($99)Apple TV module to mirror whats on my iPad on my TV. So basically its streaming the live weigh-in (video) to my iPad which has a wireless internet connection and that is projected on my LED TV. Crystal clear and no issues with the picture or quality... super.