March Madness: Marquette's loss cost one Berkshire Hathaway employee $1 million

The Dagger

Well, Marquette: You just cost someone $1 million.

For the last two years, Warren Buffett has held a contest for Berkshire Hathaway employees during March Madness. Any employee that predicts a perfect Sweet 16 bracket for the men’s basketball tournament will win $1 million every year for life or $100,000 to the person whose bracket stays perfect the longest.

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This year, Buffett added a little extra incentive: An extra $1 million if anyone could correctly pick the winners of the first 32 games. Thanks to a relatively calm first round, a record 36 Yahoo users did just that in the Tourney Pick’Em contest.

According to Yahoo’s Daniel Roberts, one Berkshire employee was also on track for $1 million, as he had correctly picked the outcome of the first 29 games, until Marquette fell to South Carolina 93-73 on Friday night.


The employee still will take home the $100,000.

Not to mention a big grudge toward all things Marquette.

Warren Buffett. (Getty Images)
Warren Buffett. (Getty Images)

More March Madness coverage from Yahoo Sports:
Charles Barkley fuels on-air beef with LonzoBall’s dad
UCLA star Ball suffers scary fall in win
Watch: Who wins the Yahoo Sports ‘Seinfeld’ bracket?

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