Mattress Mack Nets $11.2M on Bets After Kansas Beats UNC to Win 2022 Men's NCAA Title

Jim McIngvale, also known as Mattress Mack, reportedly is back to his winning ways after earning a multi-million dollar payout thanks to Kansas' comeback victory over North Carolina in the national championship game on Monday.

According to Darren Rovell of Action Network, McIngvale netted $11.2 million after a series of bets. He already had $5.56 million down at Caesars and Barstool, and he placed another pair of $3.3 million bets in Kansas and Louisiana.

McIngvale lost $1 million on his bet that the winner would come from the East region with UNC losing. But the net return was definitely a welcome sight after a cold streak earlier this year.

The 71-year-old had dropped $6.1 million on the Alabama Crimson Tide to win the college football national title, but they lost to the Georgia Bulldogs. After his $2 million bet on the New England Patriots failed at the beginning of the NFL playoffs, he put $9.5 million on the Cincinnati Bengals to win the Super Bowl, which lost to the Los Angeles Rams.

McIngvale is a Houston-based business owner who owns and operates the Gallery Furniture retail chain.