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Saturday, September 28, 2024

2023 sees Ingham County investing $16,613,822 in men’s basketball teams

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Steve Robinson President of Lansing Community College | lcc.edu

Steve Robinson President of Lansing Community College | lcc.edu

Ingham County spent $16,613,822 on men’s collegiate basketball teams in 2023, representing a 1.3% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $23,088,882, with men’s teams receiving $16,613,822.

Since 2010, the average sports expenses in Ingham County have grown 142.3%.

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 Ingham County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$16,613,82211%$151,082,849
2022$16,838,14813%$129,456,022
2021$8,563,4839.6%$88,803,684
2020$12,392,51610%$123,985,110
2019$14,562,15512.4%$117,399,423

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