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Springfield Standard

Tuesday, December 3, 2024

Greene County’s institutions spent $5,097,933 on men’s basketball teams in 2023

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Dr. Mike Rakes President at Evangel University | Evangel University

Dr. Mike Rakes President at Evangel University | Evangel University

Greene County spent $5,097,933 on men’s collegiate basketball teams in 2023, representing a 4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $8,930,347, with men’s teams receiving $5,097,933.

Since 2010, the average sports expenses in Greene County have grown 83.9%.

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 Greene County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$5,097,93311.4%$44,722,326
2022$4,901,18811.6%$42,245,491
2021$3,616,14811.6%$31,227,780
2020$4,344,39613.1%$33,147,440
2019$4,251,50513.7%$30,956,286

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