Quantcast

NE Indiana News

Wednesday, October 16, 2024

Steuben County’s institutions spent $310,719 on men’s basketball teams in 2023

Webp ysqa4ptg36xpab416i2m1anc35b6

Dr. John Shannon President | Trine University

Dr. John Shannon President | Trine University

Steuben County spent $310,719 on men’s collegiate basketball teams in 2023, representing a 2.5% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $669,784, with the men’s team receiving $310,719.

Since 2010, the average sports expenses in Steuben County have grown 248%.

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 Steuben County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$310,7195.5%$5,608,909
2022$303,2725.9%$5,170,263
2021$291,5967.4%$3,965,746
2020$287,6286.7%$4,276,286
2019$282,4446.8%$4,138,941

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS