Jan 21, 2014, 2:48 PM EDT
Warren Buffett wants to give you a billion dollars.
With a ‘B’.
And he wants to do it if you manage to fill out a perfect bracket for the NCAA tournament.
Seriously. Quicken Loans is sponsoring the Billion Dollar Bracket Challenge, and Buffett is the CEO of Berkshire Hathaway, the company insuring the grand prize.
“We’ve seen a lot of contests offering a million dollars for putting together a good bracket, which got us thinking, what is the perfect bracket worth? We decided a billion dollars seems right for such an impressive feat,” said Jay Farner, President and Chief Marketing Officer of Quicken Loans. “It is our mission to create amazing experiences for our clients. This contest, with the possibility of creating a billionaire, definitely fits that bill.”
Anyone with a perfect bracket will win either $500 million up front or $25 million a year for the next 40 years. If no one wins, the top 20 brackets will receive $100,000.
“Millions of people play brackets every March, so why not take a shot at becoming $1 billion richer for doing so,” said Buffett. “While there is no simple path to success, it sure doesn’t get much easier than filling out a bracket online. To quote a commercial from one of my companies, I’d dare say it’s so easy to enter that even a caveman can do it.”
Mar 30, 2015, 10:00 PM EDT
Nebraska forward Walter Pitchford is giving up basketball for his senior season.
Mar 30, 2015, 9:00 PM EDT
Xavier is losing a reserve guard to transfer.
Mar 30, 2015, 8:05 PM EDT
Utah Valley has found its new head coach.
Mar 30, 2015, 7:00 PM EDT
Chris Mullin will get a chance to restore glory at St. John’s.
Mar 30, 2015, 6:05 PM EDT
George Mason makes a move to hire a new head coach.
Mar 30, 2015, 5:00 PM EDT
Who were the best players in the second-weekend of the NCAA tournament?
Mar 30, 2015, 4:45 PM EDT
Cincinnati gets Mick Cronin back.
Mar 30, 2015, 3:40 PM EDT
Harrell and Rozier were both expected to head to the NBA.
Mar 30, 2015, 3:07 PM EDT
Izzo became the first coach to lead three teams seeded No. 5 or lower to the Final Four.
Mar 30, 2015, 2:41 PM EDT
Lee will be a priority target during the offseason.
Mar 30, 2015, 2:22 PM EDT
The Tar Heels should return every piece to its rotation next season, but what happens with the NCAA inquiry will have an impact as well.
Mar 30, 2015, 1:50 PM EDT
Dekker was the best player in the second weekend of the event.
Mar 30, 2015, 12:42 PM EDT
There isn’t anything all that wrong with the AP’s list. The first team is perfect.
Mar 30, 2015, 12:19 PM EDT
If you need to place a bet, here are the lines you’ll be working with.
Mar 30, 2015, 10:46 AM EDT
Neubauer was with Eastern Kentucky for 10 years and John Beilein for nine seasons before that.
Mar 30, 2015, 10:05 AM EDT
R.J. Hunter and his father/coach became a sensation during the tournament.
Mar 30, 2015, 9:43 AM EDT
This is not a surprise, as Turner was expected to be a one-and-done player.
Mar 29, 2015, 11:19 PM EDT
Chris Mullin has zero head coaching experience.
Mar 29, 2015, 10:33 PM EDT
George Mason had parted ways with Paul Hewitt earlier this month.
Mar 29, 2015, 9:48 PM EDT
The former St. Bonaventure guard had previously completed his Bachelor’s degree.
- 2015 NCAA Tournament All-Second Weekend Team 1
- While a major question remains unanswered, No. 4 North Carolina can be special in 2015-16 1
- Tournament darling R.J. Hunter is heading to the NBA 3
- Texas freshman Myles Turner declares for the NBA Draft 6
- The Final Four is set, and it’s going to be insane 23
- No. 7 Michigan State reaches the Final Four for the seventh time under Izzo 15
- Wisconsin vs. Kentucky: The Final Four rematch we deserved to see 15
- Andrew Harrison’s late free throws send No. 1 Kentucky to the Final Four (86)
- Kentucky responds to Daxter Miles Jr.’s pregame comments (30)
- Updated tournament records: Big Ten teams make up half of Final Four (27)
- The Final Four is set, and it’s going to be insane (23)
- West Virginia freshman on Kentucky: ‘They’re going to be 36-1′ (21)