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.”
Apr 16, 2014, 8:57 PM EDT
According to a report, New Mexico State center Sim Bhullar will forego his final two seasons of eligibility to turn pro.
Apr 16, 2014, 8:24 PM EDT
After leading USC in scoring last season, Byron Wesley announced that he’ll be transferring after graduating this summer.
Apr 16, 2014, 7:25 PM EDT
Arizona State’s Jahii Carson made official the news that’s been known since October: he’ll be entering the 2014 NBA Draft.
Apr 16, 2014, 6:32 PM EDT
Former Northwestern guard/forward Kale Abrahamson will finish out his career in his home state.
Apr 16, 2014, 5:31 PM EDT
UCLA’s Kyle Anderson and Zach LaVine made official their decisions to enter the 2014 NBA Draft.
Apr 16, 2014, 4:40 PM EDT
After considering leaving school to enter the NBA Draft, Purdue’s A.J. Hammons will return for his junior season.
Apr 16, 2014, 4:00 PM EDT
Three years after shortening the time players have to make a decision regarding the NBA, it’s time for the NCAA to re-adopt the NBA’s pre-draft calendar.
Apr 16, 2014, 3:07 PM EDT
The Arizona State transfer is headed to Rice.
Apr 16, 2014, 2:30 PM EDT
The Dukes have landed the for Massachusetts Player of the Year.
Apr 16, 2014, 1:45 PM EDT
There may not be a recruit with a more interesting back story that Devonta Pollard.
Apr 16, 2014, 1:00 PM EDT
Do you like them?
Apr 16, 2014, 12:15 PM EDT
Getting Kansas State to the NCAA tournament earned Bruce Weber an extension.
Apr 16, 2014, 11:49 AM EDT
Jim Christian wins his first recruiting battle as the head coach at BC.
Apr 16, 2014, 11:26 AM EDT
What Early Entry decisions will have the biggest impact on the 2014-2015 college basketball season?
Apr 16, 2014, 10:20 AM EDT
The next big thing to come from Canada isn’t going to be all that big.
Apr 15, 2014, 10:13 PM EDT
The Mustangs and Bulldogs are looking to meet in a home-and-home series.
Apr 15, 2014, 9:36 PM EDT
Watch the 7-foot-6 center play baseball.
Apr 15, 2014, 8:44 PM EDT
Austin will leave Waco after two seasons.
Apr 15, 2014, 7:34 PM EDT
He will have two years of eligibility remaining.
Apr 15, 2014, 7:08 PM EDT
Washington State loses three players, including a starting guard.
- It’s beyond time for college basketball to return to NBA’s early entry calendar 0
- Former Alabama player Devonta Pollard receiving interest from Kentucky 1
- 2014 NBA Draft: What early entry decisions are we still waiting for? 0
- Cuonzo Martin and Tennessee parting ways is good for everyone involved 9
- Report: Cuonzo Martin to become the new head coach at California 10
- Sophomore center Willie Cauley-Stein returning to Kentucky 5
- Montrezl Harrell will be returning to Louisville for his junior season 0
- Report: Cuonzo Martin to become the new head coach at California (10)
- Cuonzo Martin and Tennessee parting ways is good for everyone involved (9)
- NCAA approves unlimited meals and snacks for Division I student-athletes (9)
- Syracuse freshman Chinoso Obokoh could lose year of eligibility due to NCAA issue (6)
- John Calipari reveals what ‘the tweak’ actually was (5)