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Friday, September 27, 2024

Grant County’s institutions spent $54,869 on men’s basketball teams in 2023

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Dr. Sara Thompson Tweedy President | Big Bend Community College

Dr. Sara Thompson Tweedy President | Big Bend Community College

Grant County spent $54,869 on men’s collegiate basketball teams in 2023, representing a 10.4% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $129,386, with the men’s team receiving $54,869.

Since 2010, the average sports expenses in Grant County have grown 88.4%.

Basketball is one of the most popular sports played at U.S. colleges, as well as football. NCAA basketball teams are often as popular as NBA teams, and offer a different experience for fans.

In 2022, after a decades-long fight, student-athletes nationwide gained the right to profit from their names, likenesses, and images as a result of a flurry of new state laws and an NCAA policy change.

The basketball fund received around 168.57 million dollars from NCAA revenue in 2020–21.

Men’s Basketball Team's Expenditures of Grant County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$54,8697.5%$732,996
2022$61,2267.4%$832,036
2021$50,1637.7%$650,559
2020$66,05110.8%$611,902
2019$64,2269.2%$694,678

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