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Sunday, November 24, 2024

McDonough County’s institutions spent $1,086,650 on men’s basketball teams in 2023

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Dr. Guiyou Huang, President | Western Illinois University

Dr. Guiyou Huang, President | Western Illinois University

McDonough County spent $1,086,650 on men’s collegiate basketball teams in 2023, representing a 23.3% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,967,359, with the men’s team receiving $1,086,650.

Since 2010, the average sports expenses in McDonough County have dropped 18.3%.

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 McDonough County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,086,65013.3%$8,185,022
2022$1,417,22012.1%$11,679,844
2021$1,086,65010.2%$10,700,128
2020$1,102,6029.8%$11,247,839
2019$1,190,75610%$11,868,865

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