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Sangamon Sun

Friday, July 5, 2024

2023 sees Sangamon County investing $621,259 in men’s basketball teams

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Gordon Gates Chairman | Lincoln Land Community College

Gordon Gates Chairman | Lincoln Land Community College

Sangamon County spent $621,259 on men’s collegiate basketball teams in 2023, representing an 8.7% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,204,340, with men’s teams receiving $621,259.

Since 2010, the average sports expenses in Sangamon County have grown 157.4%.

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 Sangamon County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$621,25910.2%$6,119,662
2022$571,39710.9%$5,253,636
2021$556,31911.1%$5,028,397
2020$549,15410.9%$5,032,372
2019$530,90810.1%$5,247,538

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