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Friday, November 22, 2024

2023 sees St. Clair County investing $788,260 in men’s basketball teams

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Daniel C. Dobbins President | McKendree University

Daniel C. Dobbins President | McKendree University

St. Clair County spent $788,260 on men’s collegiate basketball teams in 2023, representing a 15.7% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,465,044, with men’s teams receiving $788,260.

Since 2010, the average sports expenses in St. Clair County have grown 159.6%.

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 St. Clair County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$788,2604.9%$16,020,602
2022$681,3414.7%$14,453,821
2021$699,2765.4%$12,860,791
2020$800,3805.7%$14,019,125
2019$892,7266.7%$13,288,404

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