Marketplace®

Daily business news and economic stories

ESPN doubles as the Grinch

Twelve-year-old Sam Holtz just wants his prize already.

Twelve-year-old Sam Holtz of Hawthorne Woods, Ill., tied for first place in ESPN’s March Madness basketball bracket.

That’s tied for first, out of 11.5 million brackets. ESPN awards the prize through a random draw of brackets that were among the top 1 percent in the contest.

But Holtz won’t be allowed to enter for the $20,000 gift card or trip to Hawaii, because the rules say you must be 18 to enter.

“I’m irritated,” Holtz told the Daily Herald. “”Yes, I’m still proud of my accomplishment, but I’m not happy with the decision.”

An ESPN spokesman says that the real prize isn’t money, but glory, and knowing you are better than everyone else: “That’s what makes this so awesome. The prize really is secondary.”

No, ESPN, it’s not.

Related Topics

Collections:

Latest Episodes

View All Shows
  • Marketplace Tech
    41 minutes ago
    11:03
  • Marketplace
    12 hours ago
    25:19
  • Make Me Smart
    18 hours ago
    19:00
  • Marketplace Morning Report
    20 hours ago
    6:55
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45