Quantcast

Metro Lex News

Thursday, November 7, 2024

2023 sees Fayette County investing $24,401,094 in men’s basketball teams

Webp 7d8y0eb42vucvgn3763c8qmll96q

Brien Lewis, President | Transylvania University

Brien Lewis, President | Transylvania University

Fayette County spent $24,401,094 on men’s collegiate basketball teams in 2023, representing a 6.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $30,461,454, with men’s teams receiving $24,401,094.

Since 2010, the average sports expenses in Fayette County have grown 118.9%.

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 Fayette County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$24,401,09414.3%$170,522,920
2022$22,889,65714.8%$155,112,329
2021$17,907,07315.2%$117,590,620
2020$18,614,69813.1%$141,703,286
2019$20,580,44014%$146,817,632

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS