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Warren Buffett backs $1 billion March Madness perfect bracket challenge

Warren Buffett backs $1 billion March Madness perfect bracket challenge

You may know Cleveland Cavaliers owner Dan Gilbert best for his use of  an awful font on the his team's website when LeBron James decides to jump ship and head to the Miami Heat. Or perhaps you know him best for his son, that kid with the bowties.

Here's another thing worth remembering him for: the Cavs owner has teamed up with Warren Buffett to offer a remarkable $1 billion -- yes, BILLION -- prize to anyone who can pick a perfect March Madness tournament bracket.

CNBC has the details:

Buffett's Berkshire Hathaway will be insuring the grand prize. It would be shared by any qualified contest participant who predicts the winners of every game in the men's college basketball tournament, which is set to begin on March 18. The billion dollars would be paid in 40 annual installments of $25 million each.

Gilbert will use the opportunity to promote his Quicken Loans business with 20 of the closest people to a "perfect" bracket also receiving $100k for a new home loan.

>>Buffett backs $1 billion March Madness prize offer [CNBC]

CSNPhilly Internship - Advertising/Sales

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CSNPhilly Internship - Advertising/Sales

Position Title: Intern
Department: Advertising/Sales
Company: Comcast SportsNet Philadelphia
# of hours / week: 10 – 20 hours

Deadline: November 20

Basic Function

This position will work closely with the Vice President of Sales in generating revenue through commercial advertisements and sponsorship sales. The intern will gain first-hand sales experience through working with Sales Assistants and AEs on pitches, sales-calls and recapping material.

Duties and Responsibilities

• Assist Account Executive on preparation of Sales Presentations
• Cultivate new account leads for local sales
• Track sponsorships in specified programs
• Assist as point of contact with sponsors on game night set up and pre-game hospitality elements.
• Assist with collection of all proof of performance materials.
• Perform Competitive Network Analysis
• Update Customer database
• Other various projects as assigned

Requirements

1. Good oral and written communication skills.
2. Knowledge of sports.
3. Ability to work non-traditional hours, weekends & holidays
4. Ability to work in a fast-paced, high-pressure environment
5. Must be 19 years of age or older
6. Must be a student in pursuit of an Associate, Bachelor, Master or Juris Doctor degree
7. Must have unrestricted authorization to work in the US
8. Must have sophomore standing or above
9. Must have a 3.0 GPA

Interested students should apply here and specify they're interested in the ad/sales internship.

About NBC internships

Eagles add to depleted secondary by claiming safety from Buffalo

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Eagles add to depleted secondary by claiming safety from Buffalo

It shouldn't come as much of a surprise, but the Eagles have added a safety to their roster.

They claimed Trae Elston off waivers from the Buffalo Bills Wednesday, a day after the Bills released him.

The Eagles were in desperate need of some depth at safety after hamstring injuries have ripped apart their secondary. Rodney McLeod, Corey Graham and Jaylen Watkins all missed Wednesday's practice with hamstring injuries and are in danger of sitting this Sunday against the Giants. Cornerback Ronald Darby (ankle) will also still be out for a few more weeks.

The Eagles had just two safeties healthy Wednesday: Malcolm Jenkins and Chris Maragos.

It won't be easy for Elston to come in and pick up the defense in time to play. Jenkins said if the team brought in a new player, that guy would probably be used more in a special teams role or in an emergency situation. The Eagles also have linebacker Kamu Grugier-Hill, who can play safety, and Jenkins thinks the Eagles' cornerbacks have the ability to slide back too.

Elston, 23, went undrafted out of Ole Miss last year. He has bounced around from the Saints to the Bucs to the Browns and then to the Bills. He spent all of training camp with the Bills and made their initial roster out of training camp before getting waived on Tuesday.

Since the Eagles had just 52 players as of Wednesday, they won't need to make a corresponding roster move. They got down to 52 last Friday when they placed rookie running back Donnel Pumphrey on IR.