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Friday, December 27, 2024

Midland County’s institutions spent $425,015 on men’s basketball teams in 2023

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Dr. Damon Kennedy President of Midland College | midland.edu

Dr. Damon Kennedy President of Midland College | midland.edu

Midland County spent $425,015 on men’s collegiate basketball teams in 2023, representing an 8.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $864,714, with the men’s team receiving $425,015.

Since 2010, the average sports expenses in Midland County have grown 58.2%.

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 Midland County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$425,01514.1%$3,021,650
2022$392,14413.5%$2,911,875
2021$334,16012.9%$2,594,684
2020$380,73914.4%$2,640,789
2019$352,39013.3%$2,639,802

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