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Saturday, November 16, 2024

Clarke County’s institutions spent $10,306,498 on men’s basketball teams in 2023

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Jere W. Morehead President of The University of Georgia | president.uga.edu

Jere W. Morehead President of The University of Georgia | president.uga.edu

Clarke County spent $10,306,498 on men’s collegiate basketball teams in 2023, representing a 27% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $16,372,948, with the men’s team receiving $10,306,498.

Since 2010, the average sports expenses in Clarke County have grown 130.9%.

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 Clarke County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$10,306,4985.9%$176,104,818
2022$14,127,2208.9%$159,508,178
2021$7,130,1926.3%$113,240,799
2020$8,304,5536.4%$129,076,097
2019$7,756,0025.8%$133,212,381

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