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Sunday, December 22, 2024

Illinois: Morgan County’s men’s basketball teams budget increases 8.4% in 2023

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Barbara A. Farley President | Illinois College

Barbara A. Farley President | Illinois College

Morgan County spent $197,437 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 $398,293, with the men’s team receiving $197,437.

Since 2010, the average sports expenses in Morgan County have grown 158.6%.

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 Morgan County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$197,4376.4%$3,084,017
2022$182,1946.1%$2,970,891
2021$101,4964.7%$2,150,789
2020$154,6886.3%$2,468,536
2019$154,3536.1%$2,550,438

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