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.

Labissiere scores 16 as top-ranked Kentucky beats BU 82-62

Eric Johnson, Isaiah Briscoe
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LEXINGTON, Ky. (AP) Freshman center Skal Labissiere scored 16 points to lead top-ranked Kentucky past Boston University 82-62 on Tuesday night.

The Wildcats (5-0) used a big second half to overcome Boston U. in their season debut at No. 1 in The Associated Press Top 25 poll. One day after taking over the top spot, Kentucky struggled to put away the Terriers early but outscored them 42-29 in the second half.

Labissiere finished 7 of 13 from the field and grabbed seven rebounds. Tyler Ulis added 15 points, and Alex Poythress had 14 points and 10 rebounds off the bench for his second straight double-double.

Jamal Murray scored 12 points and Isaiah Briscoe had 11. Kentucky, which spent all of last season ranked No. 1, scored 58 points in the paint and closed with a 22-9 run.

Boston University (2-3) got 15 points from John Papale. Nathan Dieudonne and Kyle Foreman scored 11 apiece.

The Wildcats raced out to a 10-0 lead 3 minutes into the game, but Boston University settled down after making its first basket and kept the score close in the first half by hitting five shots from long range.

The Terriers led 34-33 with 2 minutes remaining in the first half, but the Wildcats scored the last six points of the period to regain the lead.

Labissiere paced the Wildcats with 11 points in the first half, followed by Murray with 10.


Kentucky: The Wildcats improved to 216-28 as the top-ranked team in the country and have won 61 of their last 64 games while holding the top spot. Under coach John Calipari, Kentucky is 63-5 as the top-ranked team in the AP poll.

Boston University: The Terriers fell to 0-5 against Kentucky. … Boston University missed its first four shots and didn’t score its first basket until the 16:55 mark of the first half. … Dieudonne, a graduate of Louisville Trinity, was Kentucky’s Mr. Basketball in 2012.


Kentucky plays Friday against South Florida at the Hoophall Miami Invitational.

Boston University plays Saturday at Binghamton.

Division III William Paterson forfeits game to protest coach’s firing

William Paterson Athletics
William Paterson Athletics
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William Paterson, a Division III basketball program in New Jersey, forfeited a game on Tuesday night to protest the firing of their head coach, Jose Rebimbas.

Rebimbas, a player for the 1990 Seton Hall team that reached the national title game, had been with the program for 20 years, amassing nearly 400 wins, winning six league titles and reaching nine NCAA tournaments. He announced his firing earlier this week on FaceBook, and the players on his team responded by boycotting Tuesday night’s matchup with Ramapo.

Dylan Burns, a William Paterson student that does play-by-play for the school’s athletic teams, tweeted that the basketball players came out of the locker room for layups lines, took off their warmups, threw them in a pile on the court and walked off the floor.

The following screengrabs from instagram videos that have since been removed show the players leaving the floor:

Screengrab via Instagram

And the jerseys piled in the middle of the court:

Screengrab via Instagram

The crowd at the game can be heard cheering when it is announced that the game has been forfeited.

Rebimbas wrote the following on FaceBook over the weekend:

“It is with great sadness and extreme frustration that after today I will not be coaching the basketball team at William Paterson University. WP has been my home and family for more than 20 years and yet the University has taken action to remove me from the service I love. People I have trusted and served with have defied logic and are pursing my termination because of a misunderstanding over a facility rental fee for a camp that I run.”

“These actions come despite the University hearing officer determining that termination was not warranted. The University has unfairly and illegally taken my right to coach and mentor the student-athletes I love. I am prepared to fight the actions of William Paterson University and restore my good name and that of the program.”