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Tuesday, November 26, 2024

Lenoir County’s institutions spent $43,562 on men’s basketball teams in 2023

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Dr. Rusty Hunt, President | Lenoir Community College

Dr. Rusty Hunt, President | Lenoir Community College

Lenoir County spent $43,562 on men’s collegiate basketball teams in 2023, representing an 8.9% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $43,562, with the men’s team receiving $43,562.

Since 2010, the average sports expenses in Lenoir County have grown 90.4%.

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 Lenoir County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$43,56219.3%$225,872
2022$47,79521.8%$219,735
2021$53,38523.2%$230,336
2020$54,58022.2%$246,175
2019$54,75721.4%$255,502

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