Quantcast

Central Missouri News

Friday, November 15, 2024

Phelps County’s institutions spent $611,088 on men’s basketball teams in 2023

Webp byatbfe8g7gjik9b4qehk0yg9e8c

Dr. Mohammad Dehghani, Chancellor | Missouri University of Science and Technology

Dr. Mohammad Dehghani, Chancellor | Missouri University of Science and Technology

Phelps County spent $611,088 on men’s collegiate basketball teams in 2023, representing a 0.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,186,032, with the men’s team receiving $611,088.

Since 2010, the average sports expenses in Phelps County have grown 70.9%.

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 Phelps County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$611,0887.7%$7,936,838
2022$607,3279%$6,747,976
2021$537,7758.2%$6,586,212
2020$572,3728.1%$7,100,515
2019$605,4168.6%$7,027,518

ORGANIZATIONS IN THIS STORY

!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