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.

Iowa State’s starting center Jameel McKay remains suspended

Iowa State forward Jameel McKay celebrates on the court at the end of an NCAA college basketball game against Oklahoma, Monday, Jan. 18, 2016, in Ames, Iowa. Iowa State won 82-77. (AP Photo/Charlie Neibergall)
(AP Photo/Charlie Neibergall)
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Steve Prohm announced on Monday that starting center Jameel McKay will not be in the lineup on Wednesday when the Cyclones take on Texas Tech.

“He’ll practice today because I want him in practice,” Prohm said, “but game-wise, he’s suspended.”

McKay did not make the trip to Stillwater with the team on Saturday, where Iowa State beat Oklahoma State, 64-59. Prohm has not gotten into specifics regarding the cause of McKay’s suspension, but it’s reportedly an issue with the way he has been practicing. McKay is dealing with a nagging knee injury, which may play a role in the situation as well.

“My hope is he’ll be with us on Saturday,” Prohm said.

AP POLL: Villanova climbs to No. 1 in the country.

Jay Wright
(AP Photo/Matt Rourke)
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Like the Coaches Poll, Villanova found themselves No. 1 in the AP Poll during the regular season for the first time in the history of the program.

And like the Coaches Poll, there isn’t much in the way of a consensus when it comes to who is the No. 1 team, as there are six teams that received No. 1 votes in the poll this week.

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[LATEST BRACKETOLOGY]

The biggest shock to me?

The No. 1 team in the NBC Sports Top 25, Iowa, received just 11 first place votes and is ranked fourth in the AP Poll.

They were ranked fifth in the Coaches Poll.

Can we get Fran McCaffery the love they deserve?

Here is the rest of the AP Poll:

1. Villanova (20-3, 32 first-place votes)
2. Maryland (21-3, 13)
3. Oklahoma (19-3, 7)
4. Iowa (19-4, 11)
5. Xavier (21-2)
6. Kansas (19-4, 1)
7. Virginia (19-4, 1)
8. Michigan State (20-4)
9. North Carolina (19-4)
10. West Virginia (19-4)
11. Oregon (18-4)
12. Miami (FL) (18-4)
13. Louisville (19-4)
14. Iowa State (17-6)
15. Texas A&M (18-5)
16. SMU (20-2)
17. Arizona (19-5)
18. Purdue (19-5)
19. Dayton (19-3)
20. Providence (18-6)
21. Baylor (17-6)
22. Kentucky (17-6)
23. USC (18-5)
24. Texas (16-7)
25. Wichita State (17-6)

DROPPED OUT: No. 22 Indiana, No. 25 South Carolina
NEW ADDITIONS: No. 23 USC, No. 24 Texas