I guess while Iβm out here in San Antonio, I can take some time off from becoming a minor internet celebrity (Boosie is free!) to give you guys a column.
March Madness is a wonderful time of year. Itβs a time filled with heartwarming stories and scrappy underdogs. Itβs also a time of money exchanging hands and statement being made.
This year even more so, with Warren Buffett offering up a billion dollars to anyone who could come up with a perfect bracket.
While that contest is over for this season (in the sense that no one is perfect anymore), there is the possibility that it could be back in the future. Buffett is worth over $58 billion, so itβs safe to assume that the guy might be willing to put another one up.
I mean, itβs a safe bet right?
The odds of picking a perfect bracket (excluding the completely inept) are somewhere around one in 128 billion, according to DePaul mathematician Jeffrey Bergen. That number is incredibly daunting, and itβs likely that we wonβt see a perfect bracket for a long, long time.
Itβs almost as if the only way we could ever see a perfect bracket is if the results were pre-determined.
But that would be crazy, right? Thereβs no way that a single entity could fix every game, all 63 (67 if you want to be that guy) contests unnoticed.
This kind of fixing would be a public statement, and I donβt know any groups that are trying to make a statement right now.
I donβt think there is any underrepresented workforce in America searching for compensation. I donβt think there are any people looking to unionize to show how broken a current system is. And if a group like this did exist, they wouldnβt have any control over the outcomes of tournament games.
Right?
Of course Iβm talking about the nationβs favorite unpaid workforce, student-athletes. Now before you guys race off to your torches and pitchforks, hear me out.
I used to be like you.
I used to think that an education was enough to justify not paying athletes. But that all changed when I started receiving paychecks.
For a year-and-a-half, I was paid by Creighton University to do this. To write columns that took 400 words to reach a point.
I didnβt make any money for the University, and I didnβt bring in any (positive) publicity. And yet, I was being paid.
So back to the original premise, how can this group take advantage of Mr. Buffettβs billions?
Well, the first thing they would need is an outside man. I offer myself, and Iβm willing to serve the jail time if necessary.
The outside manβs job would be to fill out a bracket full of absurd picks that no one else would have. This part isnβt exactly as hard as it seems. Just throw in a couple losses by big teams and youβre pretty much done.
The hard thing would be getting every player on board. This is where money helps. I would find it hard to believe that there are 1,000 players in the tournament, but even if there were, thatβs $1 million a person.
But this isnβt just about basketball; itβs about all student athletes. The NCAA estimates their numbers to be around 450,000. Thatβs fine, as each athleteβs cut would be over $2,000.
In a single stroke, the student-athletes could strike a blow for their rights while ruining the NCAAβs biggest event.
If they get caught, the debate would be moved to forefront of conversation in America. If they didnβt, everyone gets paid.
This year might have been a missed opportunity, but there could be a chance that the offer stands next year. Give me a call, student-athletes. I promise not to keep all of the money for myself.