The NCA Tournament may be a fun distraction for workers, but bosses may want to look away, because March Madness is likely costing them money! A new study reveals American businesses lose $23.8 billion each year because employees are less productive during March Madness. KOFO’s Jeff Brewer with more:
This years tournament will also bring in big bucks for the 14 cities across the United States hosting March Madness games. For New Orleans, who hosts the 2022 Final Four, the study finds the tournament will bring in about $200 million for the city.