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Monday, November 25, 2024

2023 sees Washtenaw County investing $14,776,435 in men’s basketball teams

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James M. Smith President at Eastern Michigan University | Official website

James M. Smith President at Eastern Michigan University | Official website

Washtenaw County spent $14,776,435 on men’s collegiate basketball teams in 2023, representing an 11.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $22,380,327, with men’s teams receiving $14,776,435.

Since 2010, the average sports expenses in Washtenaw County have grown 138.7%.

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 Washtenaw County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$14,776,4356%$247,278,702
2022$13,269,3646.1%$218,181,381
2021$9,067,9445.5%$163,436,411
2020$9,847,9715.2%$191,189,260
2019$12,358,6836.1%$203,212,445

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