Headlines

Cavs’ Owner Giving Away Billion Dollar Prize

Basketball Insiders

Sports Editor

Updated 2 years ago on October 15, 2021 • 1 min read

Disclosure

We sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.

Quicken Loans, owned by Cleveland Cavaliers owner Dan Gilbert, will award a $1 billion prize to anyone who fills out a perfect 2014 NCAA tournament bracket.

It’s the Quicken Loans Billion Dollar Bracket Challenge, insured by Warren Buffett’s Berkshire Hathaway.

“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?” Quicken Loans president Jay Farner said in a press release issued by the company. “We decided a billion dollars seems right for such an impressive feat.”

via Mary Schmitt Boyer of The Cleveland Plain Dealer

Add Basketball Insiders to your Google News Feed!