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March Madness makes enough money to nearly fund the entire NCAA — here's how

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March Madness is about upsets, underdogs and uplifting narratives. The Big Dance is also about big money.
March Madness is one of the biggest events in American sports. Sixty-eight college teams get invited to the Big Dance, but by early April, there’s only one team left. The tournament may be about upsets, underdogs and uplifting narratives, but it’s also about the money.

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