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Friday, November 22, 2024

Nodaway County’s institutions spent $1,118,514 on men’s basketball teams in 2023

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Dr. Lance Tatum, President | Northwest Missouri State University

Dr. Lance Tatum, President | Northwest Missouri State University

Nodaway County spent $1,118,514 on men’s collegiate basketball teams in 2023, representing a 5.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,859,269, with the men’s team receiving $1,118,514.

Since 2010, the average sports expenses in Nodaway County have grown 81.1%.

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 Nodaway County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,118,5149.5%$11,724,151
2022$1,059,1299.4%$11,259,348
2021$988,28110.6%$9,361,360
2020$914,2179.3%$9,808,422
2019$867,1298.9%$9,716,859

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