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Grand Rapids Reporter

Thursday, November 21, 2024

2023 sees Kent County investing $1,988,332 in men’s basketball teams

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Alicia Córdoba, Aquinas College D.M.A President | Aquinas College

Alicia Córdoba, Aquinas College D.M.A President | Aquinas College

Kent County spent $1,988,332 on men’s collegiate basketball teams in 2023, representing a 3.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $3,735,499, with men’s teams receiving $1,988,332.

Since 2010, the average sports expenses in Kent County have grown 194.7%.

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 Kent County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,988,3326.8%$29,250,472
2022$1,923,4486.9%$27,905,746
2021$1,529,9386.3%$24,229,586
2020$2,180,3547%$31,256,482
2019$1,575,4146.5%$24,344,666

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