Basketball as a theme is very popular. Basketball balloons make your event lots of fun. Here are some great photos that show how powerful sports décor can be – http://lotparty.com/project/centerpiece/
But March Madness can be maddening if you’re a business owner or employee simply by the amount of off-line time it can cause your co-workers.
The statistics are surprising:
March Madness is in the air and the personal finance website WalletHub today released its NCAA Tournament By The Numbers report, which examines the billion-dollar business underpinning this supposedly amateur basketball bonanza. This includes everything from the $2K+ price tag for a pass to all three games in Indy to the $100 million in March Madness profits that Vegas casinos rake in each year.
Some of other interesting stats include:
- $1.9 Billion – Hourly losses by companies due to unproductive workers during March Madness
- $10.8 Billion – Amount CBS/Turner Broadcasting paid for the TV rights to the 2011-2024 NCAA tournaments
- 16X – The average NBA rookie earns 16X more per year ($1.9M) than the average annual value of tuition, room and board for a D1 NCAA men basketball player ($120K)
- 2X – Easier to win back-to-back Mega Millions lotteries than it is to fill out a perfect bracket
- 19% – Increase in pizza orders by fans after losses vs. wins
To check out more interesting stats and a cool infographic, please visit: