Quantcast

The Region News

Saturday, September 21, 2024

2023 sees Porter County investing $4,011,597 in men’s basketball teams

Webp pcn7kv71ufn1wyvpavhnpk3zkv2s

José D. Padilla President | Valparaiso University

José D. Padilla President | Valparaiso University

Porter County spent $4,011,597 on men’s collegiate basketball teams in 2023, representing a 54.3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $5,381,559, with the men’s team receiving $4,011,597.

Since 2010, the average sports expenses in Porter County have grown 44.7%.

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 Porter County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$4,011,59725.2%$15,903,955
2022$2,599,41019.1%$13,605,002
2021$2,158,33219.1%$11,283,872
2020$2,451,91518.2%$13,496,863
2019$2,415,05017.1%$14,159,328

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