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Sunday, December 22, 2024

Minnesota: Stevens County’s men’s basketball teams budget decreases 6.6% in 2023

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Janet Schrunk Ericksen, Chancellor | University of Minnesota-Morris

Janet Schrunk Ericksen, Chancellor | University of Minnesota-Morris

Stevens County spent $118,225 on men’s collegiate basketball teams in 2023, representing a 6.6% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $239,891, with the men’s team receiving $118,225.

Since 2010, the average sports expenses in Stevens County have grown 62.6%.

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 Stevens County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$118,2257.1%$1,671,699
2022$126,5736.1%$2,084,127
2021$90,0307.4%$1,214,861
2020$97,3585.5%$1,758,466
2019$98,9814%$2,460,629

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