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Saturday, September 28, 2024

2023 sees Randolph County investing $252,446 in men’s basketball teams

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Todd Shackett President of Southern Union State Community College | catalog.suscc.edu

Todd Shackett President of Southern Union State Community College | catalog.suscc.edu

Randolph County spent $252,446 on men’s collegiate basketball teams in 2023, representing a 7.5% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $442,133, with the men’s team receiving $252,446.

Since 2010, the average sports expenses in Randolph County have grown 22.8%.

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 Randolph County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$252,44616%$1,576,758
2022$272,77017.3%$1,574,512
2021$376,93223.5%$1,602,608
2020$334,40922.2%$1,506,368
2019$266,01617.7%$1,501,196

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