NCAA Cancels March Madness, Loses Nearly $1 Billion


The NCAA announced in a statement today that it is cancelling this year's Division I basketball tournaments for both men and women, commonly referred to as March Madness.

The NCAA announced on Thursday that it has cancelled all winter and spring championships, which means that March Madness is being cancelled.

"The decision to temporarily suspend play due to the COVID-19 pandemic is an appropriate course of action at this time", the players' association said.

"We also remain in close discussions with our advertising partners as the situation unfolds", the broadcaster said, adding it is in close discussions with advertisers and is working to confirm replacement programming. Even worse, Rudy Gobert was 20 miles north in Oklahoma City as the Jazz were scheduled to play the Thunder.

The decision also directly affects Houston's track and field team, which sent six athletes to the March 13-14 NCAA indoor championships for the meet in Albuquerque, New Mexico.

"The NBA announced that a player on the Utah Jazz has preliminary tested positive for COVID-19".

Look For The Super Worm Moon Tonight In WNY
The moon will appear brighter and bigger in the night sky and hopefully no clouds and inclement weather will obscure the view. March's full moon is a supermoon , or one that occurs when the moon is closest to the Earth in its elliptical orbit.

The decision to call off the tournament came just minutes before 11 a.m. central, when Rutgers and MI were scheduled to compete in Thursday's first contest.

The biggest event in Minnesota to feel the impact was the NCAA Wrestling Championships, which was to be held in an National Football League stadium for the first time.

As far as previously purchased tickets, whether for IU spring sports or the Big Ten basketball tournament, IU's release said those refunds will be processed automatically to whichever method of payment was used.

Coronavirus was officially declared a pandemic this week, afflicting more than 100,000 people worldwide in over 80 countries, and that includes more than 1,000 in the United States. Major League Baseball will continue to undertake the precautions and best practices recommended by public health experts.

'Just a thought, but if the #NCAA has to cancel its basketball tournament for the safety, health and well-being of student-athletes, it's not really a big deal, ' tweeted Marc Edelman, a tenured professor at Baruch's Zicklin School of Business. Italy earlier this week said all sports events, including Serie A soccer games and preparatory events for the Tokyo Olympics, were suspended until April 3. The SEC and Mountain West Conference were among the leagues to cancel competitions league-wide.

Thursday's games are the first to feature the top seeds in No. 4 Florida State, No. 10 Duke, No. 15 Louisville and No. 17 Virginia.