. >> i'm eric chemi. on opening day. the business it's base on is bigger than ever. we break it down, coming up next on "nightly business report." >>> it may be march 29th on the calendar but spring is in full bloom on the diamond. believe it or no it is opening day for major league baseball, a time of optimis jnott for the 30 teams but for the $10 billion business of professiol baseball, eriche cmi takes a swing at the story from one of s the home fie for the mets at isti field in new york. >> reporter: it eeping day in america as another season of baseball begins. for fans, this is the hopeful time of year. as every team is still fe uned and many can consider themselves world series contenrtrs. >> my hs jumping out of my chest. i can't even explain lait. can't e it. geez. we are going to opening day. >> this is my third year in a row going to mets opening day. i'm thrilled to be here. >> my first openingay since the '70s. >> 2018 world series . cham >> the on theism is also true at mlb headquarters. the commissioner and his staff ar looking at 2018 to contie the mo

let's bring in eric chemi with more this hot debate is getting hotter, especially with the scandals and investigation. >> there are a lot of ways you could do it. one way is pay them a fair market price another is cap it at certain price. say it's a work study credit maybe it's for minimum wage, but for all the hours they work. another example is what if you say the schools will not pay you, but you can still be an amateur or participate in the college sports with side endorsements if you want to get autograph deals, you want to get a shoe contract, you can get that money that way the colleges don't have to pay you this is one topic that gets discussed right away 47 nike teams, 10 under armour teams. you can see the changes from last year. 7 of those under armour and adidas teams went to nike this year the shoe companies run all these team teams. >> so the students would be winners, but if we had to pick out other winners or losers who would they be? >> the winners would be the shoe company. you can pay all this money without the fbi alleging what they did the losers are the colleges. n

not only a lot of big games but a lot of big money on the line let's bring back in eric chemi >> theournament actually begins today there are games today. the first four, ucla and st. bonaventure, three schools are left out of the tournament because of fbi implications. the selection committee wouldn't say that's why they were left out. if you look at some of the big numbers, the ncaa as an organization for the first time topped $1 billion in revenue, but three quarters of that, 7$71 million came just from this tournament another big number, $10 billion expected to be gambled on this tournament, 97% of that will be illegal gambling so we asked experts their thoughts about how to reform the ncaa with all the problems around some people, they said, you should allow people to get side endorsements but have a clearinghouse to allow these things to happen so there's no black market activity. another expert said let them get a work study rate for all the hours involved like a minimum wage rate, but not huge pro numbers someone else said what if you allow the nba to get involved as a mediat

let's get a break down of the sectors winners and losers from eric chemi >> industrial stocks have hadn 2018, especially yesterday when the sector had the best day since the day after the presidential election. for all that drama, the sector is down almost 2% this year. slightly lower than the s&p 500. let's look at the biggest losers in industrials ge, down almost 26% year to date after president trump's tariff announcement earlier this month analysts at deutsche bank said rising raw material costs of steel and aluminum could post significant headwinds for the company moving forward that's on top of its restructuring issues acuity brands and iconic also down 21% and 14% let's look at the winners. northrop grumman up 15% in 2018. ratheon is up 16%. both stocks have seen a boost since the beginning of the year. analysts expect the defense companies to benefit more from the spending bill passed last week more defense contractors, harris cup, general dynamics, the other top winners this year. back to you. >> is it a surprising thing when you do reporting that people say the industrials, w