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.

Michigan State playing zone? It’s possible

Tom Izzo
Associated Press
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Throughout Tom Izzo’s tenure at Michigan State the team’s half-court man-to-man defense has been a staple, and the Spartans have generally proven difficult to have a high rate of offensive success against. The reliance on that defense is why Izzo’s conversations earlier this summer about using some token full-court pressure due to the shortening of the shot clock caught some people off-guard.

According to the Detroit Free Press there’s another wrinkle the Spartans may use, and it’s likely that this wrinkle will show up more often than the full-court press. During Friday’s opening practice the Spartans worked on a 2-3 zone, and Izzo wants his assistants to make sure the team works on the defense consistently throughout the season.

That’s also why zone in general isn’t going to get heavy play at MSU, but having it as a tool could be beneficial — especially in games with touch fouls on the perimeter called in droves.

“I told (my assistant coaches): ‘You hold me accountable to working on it every day some’ … I have a tendency to drift off on that, and I don’t want to drift off on it,” Izzo said of the 2-3 zone. “But we will be, rest assured, a 90-some percent man-to-man team still and hopefully take some of those principles to zone.”

As noted in the story one of the risks in using pressure is allowing quality shots, which is why it’s unlikely that Michigan State will go to it. But even with Izzo vowing that his team will work on the zone, that doesn’t mean they’ll be playing it as often as Syracuse does.

Man-to-man has been Michigan State’s staple and it will continue to be. But it doesn’t hurt to look for other ways to keep opponents from getting the looks they want, especially if teams have five fewer seconds to find those shots.

Virginia used 3-on-3 to adjust to new shot clock

Malcolm Brogdon
Associated Press
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When the college basketball rules committee made the decision to trim the shot clock down to 30 second from 35, one reason for the switch was the desire to improve offensive production. With offensive numbers at their lowest point in years, proponents of the move see the shot clock change as a necessary move if scoring is to improve.

Whether or not that winds up being the case will be seen throughout the upcoming season, but teams are still having to make adjustments during the preseason.

Virginia, which has played at a snail’s pace (and with great success, mind you) in recent years, made some adjustments to their summer work in anticipation of playing with a 30-second shot clock. One adjustment was more games of 3-on-3 with a 15-second shot clock, which forced all involved to be more decisive in their offensive decision-making.

While the pack-line defense will always be a staple of Tony Bennett’s teams, the feeling in Charlottesville is that they’ve got the offensive firepower needed to both play faster and be more efficient offensively than they were in 2014-15 (29th nationally in adjusted offensive efficiency per Ken Pomeroy). One of the players who will lead the way is senior guard Malcolm Brogdon, who led the team in scoring and was a first team All-ACC selection, and he discussed the team’s outlook with Mike Barber of the Richmond Times-Dispatch.

And even though Anderson’s highlight-reel shot blocking was the thing that frequently fueled fast-breaks for U.Va. last season, Brogdon and [Anthony] Gill said they expect this year’s team to actually push the tempo even more.

“I think we’re going to be a team that gets out and runs more,” Brogdon said. “I think we’ll have three guards on the floor, most of the time, will be able to handle the ball as a point guard and get out in transition. I think we’ll play a lot faster.”

Brogdon and Gill are two of the team’s three returning starters with point guard London Perrantes being the other, and the Cavaliers also return most of their reserves from last year’s rotation. That experience will help them on both ends of the floor as they prepare for a run at a third straight ACC regular season title. And in theory it also allows them to extend themselves a bit more offensively than they did a season ago.