Quantcast

Detroit City Wire

Saturday, November 9, 2024

Wayne County’s institutions spent $4,717,976 on men’s basketball teams in 2023

Webp 13ahzdhsqyk93tcwfm5rjvd8538s

Kimberly Andrews Espy, Ph.D. President | Wayne State University

Kimberly Andrews Espy, Ph.D. President | Wayne State University

Wayne County spent $4,717,976 on men’s collegiate basketball teams in 2023, representing a 5.7% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $7,884,770, with men’s teams receiving $4,717,976.

Since 2010, the average sports expenses in Wayne County have grown 48.1%.

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 Wayne County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$4,717,97612.5%$37,673,592
2022$4,464,10412%$37,295,759
2021$3,692,27711.3%$32,640,220
2020$4,686,09112%$38,984,703
2019$4,707,28913.3%$35,300,309

!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