Bloomberg for a ninth consecutive twelvemonth is running its March Madness Brackets for a Cause brotherly love puddle to elevate money for a legion of nonprofits and initiatives.
The business concern media and financial services conglomerate invited Wall Street titans and leaders from across the United States to crib upwards $20K for each one to participate inwards the brotherly love March Madness tournament. For the $20K buy-in, participants receive to take come out both a men’s and women’s college basketball tourney bracket.
The cover trine points earners in to each one square bracket testament split up the more than $1 billion prize pool, with the proceeds going to their designated charity. The men’s and women’s NCAA Division 1 college basketball tournaments began on Thursday.
Bloomberg reports that this year’s Brackets for a Cause attracted 58 participants for a total purse of $1.16 million.
Unanimous Picks
This year’s outcome on the women’s tourney might insure many participants tied, as every bingle ledger entry has top-seeded South Carolina and Ioway reaching the Final Four.
The Gamecocks ruined the habitue flavor as the country’s top women’s hoops computer programme after sledding a perfect 32-0. The Hawkeyes, also a March Madness No. 1 seed, make commanded touch media attention for Caitlin Clark’s historic season.
100% of brackets make both teams making a running game to at least the last four,” Bloomberg reported.
Forty of the 58 entries feature the Gamecocks stabbing down the nets indoors Rocket Mortgage Fieldhouse inward Cleveland where the women’s Final Four testament live played April 4-7. Oddsmakers hold that South Carolinas is the sullen favourite for the subject championship. DraftKings has the Gamecocks at -140.
For a 2nd yr in a row, the legal age of participants suppose the South Carolina women’s team up will wind the trophy after only having lost 1 gritty — to Iowa — inward the lowest 2 seasons. Just 14% think Iowa, led by NCAA’s all-time leading scorer, Caitlin Clark, will win the title,” Bloomberg continued.
Iowa is on octonary entries, Norte Dame is on three, and LSU, UConn, and Stanford are on two. USC is on simply I belonging to Apollo Global Management’s John Jay Clayton.
On the men’s side, 30 of the 58 entries have the University of Connecticut River winning it all for a arcsecond serial year. DraftKings also likes UConn, as the Huskies possess the shortest odds at +340.
UNC and Sam Houston are picked on octonary brackets each, Purdue is on four, Tennessee River is on three, and genus Arizona is on two. Yale, Auburn, and Bluegrass State are apiece on one.
Kentucky is already ruined after the Wildcats’ shocking upset to Oakland. Ares Management hirer and NBA Atlanta Hawks owner Tony Ressler had Bluegrass State going all the way.
2023 Results
Bain Capital’s Stephen Pagliuca, who co-owns the NBA capital of Massachusetts Celtics, was lastly year’s winner on the men’s position and used his win to supporting the Reform Alliance.
York Capital Management CEO Jamie Dinan came in second and supported the Museum of the City of New York. MeydenVest Partners Founder and CEO Michelle Seitz finished third and supported Educate Girls.
On the women’s side, Thomas Carlyle CEO William Harvey Schwartz and Benjamin Franklin Templeton CEO William Le Baron Jenny Johnson tied for first, and Rocket Companies Chairman and NBA President Cleveland Cavaliers possessor Dan William Schwenk Gilbert came inwards third. They respectively supported the nonprofits One Mind, Catalyst, and NF Forward.
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