A Roundup of the Week Aug. 22-28

BASEBALL—Yu Chenlung pitched a one-hitter to lead TAI CHUNG, TAIWAN, to a 10-0 rout of Pearl City, Hawaii, and the championship of the 42nd Little League World Series, in Williamsport. Pa. It was the fifth straight victory by a Far East team in the tournament and the 18th in the last 22 years (page 30).

In the finals of the American Legion World Series in Middletown, Conn., Scott Klingen beck pitched an eight-hitter and struck out eight as BUDDE POST NO. 507 of Cincinnati beat defending champion Boyertown, Pa., 7-0.

CYCLING—MAURIZIO FONDRIEST of Italy won his first major event, the World Cycling Championship professional road race at Ronse, Belgium, riding the 168.268-mile circuit in seven hours, two minutes.

GOLF—MIKE REID won the World Series of Golf and $162,000, in Akron, by defeating Tom Watson on the first hole of a playoff. Reid and Watson were tied at five-under-par 275 after 72 holes.

Rosie Jones won the LPGA World Championship in Buford, Ga., shooting a nine-under-par 279 to beat Liselotte Neumann by one stroke. Jones's victory was worth $81,500.

Eric Meeks defeated Danny Yates, 7 and 6, in their scheduled 36-hole final match to win the U.S. Amateur championship, in Hot Springs, Va. (page 35).

HORSE RACING—ALYSHEBA ($4), ridden by Chris McCarron, rallied in the stretch to defeat Bet Twice by three-quarters of a length in the Iselin Handicap for 3-year-olds and up at Monmouth Park, evening their racing rivalry at four victories apiece. Alysheba, a 4-year-old colt, covered the 1‚Äö√Ñ√∂‚àö√±‚àö¬µ miles in 1:47[4/5] and earned a $300,000 winner's purse to boost his career earnings to $4,470,642, second to John Henry's $6,597,947 on the alltime list for thoroughbreds.

Cryptoclearance ($7), ridden by Jose Santos, breezed to a 10-length victory over 3-10 favorite Cutlass Reality in the Hawthorne Gold Cup at Hawthorne Race Course. The 4-year-old colt earned the $303,690 winner's purse for owner Phil Teinowitz by covering 1¼ miles in 2:00[1/5].

Mercedes Won ($7.20), Robbie Davis in the saddle, won the Hopeful Stakes at Saratoga by half a length over Fast Play. The 2-year-old colt, who earned $142,320 for owner Christopher Spencer, covered 6½ furlongs in 1:16[3/5].

MOTOR SPORTS—DALE EARNHARDT, in a Chevrolet Monte Carlo, won a 500-lap NASCAR event in Bristol, Tenn., defeating Bill Elliott's Ford Thunderbird by a car length. Earnhardt averaged 78.768 mph in a race slowed for 88 laps by 14 caution flags. The victory was worth $48,500.

Ayrton Senna of Brazil, driving a McLaren-Honda, won his fourth straight Formula One race, the Belgian Grand Prix at Spa-Francorchamps, by 30.47 seconds over teammate Alain Prost of France. Senna, who leads Prost by three points in the world driver standings, completed 43 laps on the 4.312-mile Francorchamps circuit in 1:28:00.549 for an average speed of 126.4 mph. It was the McLaren team's eighth 1-2 sweep in 11 races this season.

ROWING—At the men's Olympic trials in Camden. N.J., KURT BAUSBACK of San Diego and ED IVES of Hamilton, Mass., won the final berths on the team in the men's pair without coxswain. BARB KIRCH of Philadelphia and MARA KEGGI of Middlebury, Conn., qualified in that event at the women's trials in Mercerville, N.J.

TENNIS—ANDRE AGASSI defeated Yannick Noah 6-3, 0-6, 6-4 to win the Hamlet Challenge Cup and the $40,000 top prize, in Jericho, N.Y.

Steffi Graf won a tournament in Mahwah, N.J., with a 6-0, 6-1 defeat of Nathalie Tauziat. Graf won $40,000.

MILEPOSTS—DISQUALIFIED: From the Olympic swim team, by U.S. Swimming, the national governing body, and by the USOC, ANGEL MYERS, 21, after she tested positive for use of a banned drug. Myers, who won three events at the Olympic trials last month, was thought to have a chance to win five medals. She was replaced by JANEL JORGENSEN, 17, and by two-time Olympic gold medalist JILL STERKEL, 27, who becomes the first U.S. woman swimmer to make four Olympic teams (page 23).

INDICTED: By a federal grand jury in Chicago, New York-based sports agents NORBY WALTERS, 58, and LLOYD BLOOM, 29, on charges that included racketeering, mail fraud and conspiracy to commit extortion. Also indicted was Los Angeles-based agent DAVID LUEDDEKE, 37, on charges of perjury and obstruction of justice stemming from a $5,000 payment to former Ohio State wide receiver CRIS CARTER, 22. The government charged Carter with mail fraud and obstruction of justice for concealing the payment. The indictment also named reputed organized crime figure MICHAEL FRANZESE, 37, as an unindicted co-conspirator, alleging that Bloom and Walters used their association with Franzese to "obtain and retain" athletes as clients (page 32).

NAMED: As the first coach of the NBA expansion Minnesota Timberwolves, BILL MUSSELMAN, 48, formerly coach at the University of Minnesota, who last year led the Albany Patroons to a 48-6 record and the CBA championship. Musselman has a 219-177 record in nine seasons of pro coaching, including a 34-97 mark in brief stints with San Diego and Virginia in the ABA (1975-76) and with Cleveland in the NBA (1980-81 and '81-'82).

SENTENCED: By Toronto provincial court Judge Sidney Harris. Minnesota North Star right wing DINO CICCARELLI, 28, to one day in jail and a $1,000 fine, for assaulting Toronto Maple Leaf defenseman Luke Richardson with his stick during a game last Jan. 6. Ciccarelli is the first NHL player to serve a jail sentence because of on-ice misconduct (page 34).

SUSPENDED: For 30 days by the National Football League, New York Giants All-Pro linebacker LAWRENCE TAYLOR, 29, for violating the league's policy on substance abuse. Taylor's suspension will cause him to miss the first four games of the 1988 season, and it could cost him as much as $250,000, one quarter of his 1988 salary. Taylor is the ninth player this year to be suspended for violating the NFL's substance-abuse policy (page 23).

TRADED: By the Atlanta Braves, third baseman KEN OBERKFELL, 32, and an undisclosed amount of cash, to the Pittsburgh Pirates, for a player to be named later.

By the San Antonio Spurs, guard PETE MYERS, 24, to the Philadelphia 76ers, for swingman ALBERT KING, 28.

DIED: ART ROONEY, 87, affectionately known as the Chief, the founder and owner of the four-time Super Bowl champion Pittsburgh Steelers; eight days after being hospitalized for a stroke; in Pittsburgh (page 26).