Alabama NewsCenter — Wall Street billionaires favor Alabama Crimson Tide to win it all in basketball

| March 21, 2023 @ 4:00 pm

Brandon Miller of the Alabama Crimson Tide lays up a basket during the 2023 SEC Basketball Tournament final on March 12, 2023.

Bailey Lipschultz / Bloomberg

It’s all about betting on top seeds for business mavens making their picks for who will be crowned national champion of men’s college basketball.

Nearly 40% of the roughly 50 participants in this year’s Bloomberg Brackets for a Cause chose top-seeded Alabama to win the men’s NCAA basketball tournament.

Fans of the Crimson Tide include Carlyle’s new CEO Harvey Schwartz, Tony Ressler, owner of the Atlanta Hawks and co-founder of Ares Management, and Jenny Johnson, the Franklin Templeton CEO who won Bloomberg’s charity competition in 2021.

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