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Friday, November 22, 2024

2023 sees Clay County investing $715,346 in men’s basketball teams

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President Colin Irvine | Concordia College at Moorhead

President Colin Irvine | Concordia College at Moorhead

Clay County spent $715,346 on men’s collegiate basketball teams in 2023, representing a 6.5% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,454,878, with men’s teams receiving $715,346.

Since 2010, the average sports expenses in Clay County have grown 71.1%.

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 Clay County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$715,3467.2%$9,890,125
2022$765,1247.5%$10,182,854
2021$627,1928.7%$7,226,333
2020$690,5398%$8,609,365
2019$757,2378.5%$8,877,988

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