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Friday, September 20, 2024

2023 sees Beaver County investing $270,594 in men’s basketball teams

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Dr. Calvin L. Troup, President | Geneva College

Dr. Calvin L. Troup, President | Geneva College

Beaver County spent $270,594 on men’s collegiate basketball teams in 2023, representing an 11.3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $512,015, with men’s teams receiving $270,594.

Since 2010, the average sports expenses in Beaver County have grown 68.6%.

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 Beaver County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$270,5948.7%$3,101,291
2022$243,07810%$2,433,044
2021$131,9706.2%$2,128,471
2020$328,18411.1%$2,963,508
2019$232,3509.1%$2,566,441

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