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Friday, September 20, 2024

Fayette County’s institutions spent $607,234 on men’s basketball teams in 2023

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Dr. William R. Duffy II President | Upper Iowa University

Dr. William R. Duffy II President | Upper Iowa University

Fayette County spent $607,234 on men’s collegiate basketball teams in 2023, representing a 6.3% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,150,140, with the men’s team receiving $607,234.

Since 2010, the average sports expenses in Fayette County have grown 58.1%.

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$607,2347.6%$8,029,743
2022$648,2287.7%$8,410,992
2021$524,7657.1%$7,430,640
2020$623,4228.5%$7,371,485
2019$597,4068.1%$7,330,480

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