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Thursday, November 14, 2024

Allen County’s institutions spent $133,515 on men’s basketball teams in 2023

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President Dr. Bruce Moses | Allen County Community College

President Dr. Bruce Moses | Allen County Community College

Allen County spent $133,515 on men’s collegiate basketball teams in 2023, representing a 1.1% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $228,752, with the men’s team receiving $133,515.

Since 2010, the average sports expenses in Allen County have grown 112.3%.

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 Allen County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$133,5157.9%$1,682,301
2022$135,0368.2%$1,650,714
2021$116,0307.6%$1,531,661
2020$128,9278.8%$1,471,144
2019$118,5078.3%$1,426,723

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