warren buffett

Registration opens for Warren Buffett’s $1 billion bracket challenge

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As we inch closer to the 2014 NCAA Tournament, I’m sure you’ve had that email pop up in your inbox from that friend of yours that is just a little too anxious to get his March Madness pool going.

While you might be annoyed by an endless month-long email chain that would net you $80 in winnings, here’s a real challenge for all of you college basketball experts: Warren Buffett’s $1 billion perfect bracket challenge.

According to the Los Angeles Times,¬†Buffett’s bracket challenge — run by Quicken Loans through Yahoo Sports — is now open for registration and if you finish with a perfect bracket, you’ll receive $1 billion dollars as a prize.

In addition to the perfect bracket prize — and the registration is limited to the first 15 million people — the top 20 brackets will receive a $100,000 prize.

But, be wary of entering Buffett’s challenge if you don’t like giving out loads of personal information. As the Los Angeles Times story notes, this is also a big marketing ploy for Quicken Loans and Yahoo.

Experts have called the contest a savvy marketing ploy, as it has already generated significant publicity for Quicken, the nation’s third-largest mortgage issuer.

Quicken will also gain volumes of personal information about entrants, who are asked to provide their names, email addresses, dates of birth, home addresses, details of mortgages they hold and an opportunity to opt-in for Quicken marketing emails or to speak to a “loan expert about my mortgage opportunities.”

Yahoo Sports is handling technology support for the contest — again with significant marketing appeal. Entrants are required to sign up for a free Yahoo account in order to submit a bracket, potentially drawing millions of new eyeballs to Yahoo’s ad-based website.

Still, if you think you’re up to the challenge of a perfect bracket, this would be the right contest to enter. Fans can enter here.

Buffett said he plans to make an “offer you can’t refuse” in the event that an entrant enters the Final Four with a perfect bracket.

UConn commit tears ACL for second time

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UConn commit Juwan Durham, a four-star big man in the Class of 2016, has torn the ACL in his right knee for the second time in seven months. The Florida native committed to the Huskies and head coach Kevin Ollie back in September. The 6-foot-9 forward is regarded as the No. 31 overall prospect in the national Class of 2016, so he can really be a force when he’s healthy.

In a report from Tampabay.com’s Bob Putnam, UConn was notified of the injury immediately and there is no change in plans with the commitment. The Huskies also own commitments from four-star point guard Alterique Gilbert and three-star power forward Mamadou Diarra in the Class of 2016. Having Diarra, an active, rim-protecting presence, helps with Durham’s recovery, since he can provide some more front court depth.

If Durham rehabs back to full speed, UConn has a very talented power forward who was just hitting his stride in the Florida state playoffs last February. UConn has a nice class so far with this group, especially if Durham can recover, With a year to recover until next season, Durham can hopefully play during his freshman season in 2016.

VIDEO: Arizona State’s Torian Graham dunks over teammate

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Arizona State fans won’t get a chance to see Torian Graham take the floor this season, but he did sky over fellow teammates (and transfer) Shannon Evans on Friday night at the team’s Maroon and Gold Madness. The 6-foot-4 Graham is a former Buffalo commit — Evans also came from Buffalo — and both players will have to sit out the 2015-16 season due to NCAA transfer regulations.

Graham hasn’t had a chance to get into a Division I game, but he’ll be able to play for the Sun Devils next season. For now, fans can look forward to Graham’s athleticism on the wing in pregame dunk routines.

A former top-100 prospect, Graham also pulled off this ridiculous move in the dunk contest.