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No One Wins $100 Million Perfect Bracket Contest

We're only four days and 48 games into the tournament, but no one will win the $100 million bracket contestoffered at Pickmanager.com that we talked about last week.

Terry Dell, president of Dell Sports, which runs Pickmanager.com, told us that everyone who entered the contest on his site hoping to win the $100 million prize is out.

"We heard of one person who had a perfect bracket on Facebook, but that person has Missouri going all the way," Dell said. "I don't think that's going to happen."

Asked whether buying the six-figure insurance for the promotion was worth it, Dell said the stunt allowed his site "to stand out from everyone else out there."

Questions? Comments? SportsBiz@cnbc.com