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.”
Ohio State has capitalized on its close relationship with NBA superstar LeBron James over the years and now has a new shoe display that should come in handy during recruiting.
The Buckeyes put out a tweet late this week with the display, calling themselves “THE LeBron school.” While this is something small, recruits like that the Buckeyes are tied into the best player in the world and it’s cool to them that Ohio State gets some exclusive gear.
Rutgers has struggled to achieve success on the floor the last few years and head coach Eddie Jordan is hoping that some talented newcomers can help start a turnaround. With the start of practice, local media saw some of the Scarlet Knights’ early practice and Jerry Carino of the Asbury Park Press noted that the duo of freshman point guard Corey Sanders and junior college forward Deshawn Freeman were getting a lot of burn together.
With both incoming players being four-star prospects, it’s hardly a surprise that Jordan would see what the two were capable of. According to Carino, it meant a lot of Sanders driving and forcing the defense to collapse before finding Freeman.
“It seems like coach always has us on the same team,” Freeman said to Carino. “Ever since we’ve gotten here, he’s trying to get us to play together.”
Carino also notes that since Rutgers is deeper, longer and more athletic in general this season, the team could do more with a pressing defense to help create turnovers.
While Rutgers still faces an uphill climb in the Big Ten, they at least have some exciting pieces that will be in place for a few seasons.