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Saturday, September 21, 2024

2023 sees Buchanan County investing $684,214 in men’s basketball teams

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Dr. Elizabeth Kennedy President | Missouri Western State University

Dr. Elizabeth Kennedy President | Missouri Western State University

Buchanan County spent $684,214 on men’s collegiate basketball teams in 2023, representing a 12.3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,447,381, with the men’s team receiving $684,214.

Since 2010, the average sports expenses in Buchanan County have grown 69.8%.

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 Buchanan County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$684,2147.5%$9,103,192
2022$609,3777.4%$8,279,009
2021$569,0247.6%$7,494,266
2020$526,8617.9%$6,698,354
2019$593,1938.2%$7,208,825

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