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Saturday, November 23, 2024

Kentucky: Daviess County’s men’s basketball teams budget decreases in 2023

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Dr. Lauretta Frederking President | Brescia University

Dr. Lauretta Frederking President | Brescia University

Daviess County spent $935,331 on men’s collegiate basketball teams in 2023, representing a 3.8% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,728,293, with men’s teams receiving $935,331.

Since 2010, the average sports expenses in Daviess County have grown 89.6%.

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 Daviess County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$935,33110.5%$8,922,925
2022$972,02310.7%$9,068,479
2021$909,13410.9%$8,330,393
2020$1,124,8158.8%$12,792,751
2019$1,030,2999.6%$10,772,166

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