SOUTH BEND, Ind. (AP) — Notre Dame is ending its 17-year relationship with Adidas and switching to Under Armour with a 10-year deal it calls the biggest of its kind in the history of college athletics.
Athletic director Jack Swarbrick said the school will begin wearing Under Armour apparel for 2014-15. He did not disclose terms.
Prize offered for perfect bracket
DETROIT (AP) — Correctly predicting the outcome of every game in the NCAA men’s basketball tournament is no layup. There’s now a $1 billion prize waiting for anyone able to pull off the feat this spring.
Quicken Loans Inc. announced that it will team with investor Warren Buffett’s Omaha, Neb.-based Berkshire Hathaway on the “Billion Dollar Bracket Challenge.”
The Detroit-based mortgage lender said any qualified entrant who correctly predicts the winners of every game in the tournament will be paid in 40 annual installments of $25 million. A winner also can elect to receive an immediate $500 million lump-sum payment or share in that payment if there’s more than one perfect bracket submitted.
It’s a safe investment by Buffett’s group. ESPN has run a tournament challenge for the past 16 years and has never had a perfect bracket in over 30 million entries, including by President Barack Obama, according to the network.