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Sunday, November 17, 2024

Hardin County’s institutions spent $211,569 on men’s basketball teams in 2023

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Megan Richtsmeier, Enrollment Recruitment/International Student Specialist | LinkedIn

Megan Richtsmeier, Enrollment Recruitment/International Student Specialist | LinkedIn

Hardin County spent $211,569 on men’s collegiate basketball teams in 2023, representing an 81.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $314,312, with the men’s team receiving $211,569.

Since 2010, the average sports expenses in Hardin County have grown 91.5%.

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 Hardin County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$211,56915.1%$1,397,825
2022$116,6048.9%$1,311,278
2021$89,1537.8%$1,145,352
2020$102,2359.1%$1,119,735
2019$89,9458%$1,121,697

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