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McLean County Times

Sunday, December 22, 2024

2023 sees McLean County investing $3,042,696 in men’s basketball teams

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Dr. Aondover Tarhule Interim President | Illinois State University

Dr. Aondover Tarhule Interim President | Illinois State University

McLean County spent $3,042,696 on men’s collegiate basketball teams in 2023, representing a 24.8% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $5,084,289, with men’s teams receiving $3,042,696.

Since 2010, the average sports expenses in McLean County have grown 94.4%.

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 McLean County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$3,042,6968.5%$35,962,777
2022$4,045,27511.4%$35,500,482
2021$2,294,5187.5%$30,527,290
2020$2,699,1928.8%$30,740,169
2019$2,608,4778.5%$30,850,840

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