Quantcast

Ames Today

Tuesday, December 24, 2024

Story County’s institutions spent $8,326,965 on men’s basketball teams in 2023

Webp 5xpwaql298az29yfjyh44129cyh0

Wendy Wintersteen President | president.iastate.edu

Wendy Wintersteen President | president.iastate.edu

Story County spent $8,326,965 on men’s collegiate basketball teams in 2023, representing an 11.9% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $13,598,831, with the men’s team receiving $8,326,965.

Since 2010, the average sports expenses in Story County have grown 99.3%.

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 Story County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$8,326,9659%$92,987,544
2022$7,443,0408.6%$86,715,005
2021$6,125,1398.1%$75,843,212
2020$7,561,5949.9%$76,683,767
2019$7,693,0149.6%$79,763,540

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS