The economics of March Madness

Published March 18, 2021 10:10pm ET



The NCAA is shooting to rebound after the country’s second-largest sporting event was canceled last year because of the COVID-19 pandemic.

The National Collegiate Athletic Association’s annual men’s basketball tournament, affectionately referred to as “March Madness,” is a cash cow. It brings in hundreds of millions of dollars each year that the NCAA uses to finance other college sporting events at schools across the country.

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