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Friday, September 20, 2024

Des Moines County’s institutions spent $432,012 on men’s basketball teams in 2023

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Dr. Michael Ash President of Southeastern Community College | scc-iowa.com

Dr. Michael Ash President of Southeastern Community College | scc-iowa.com

Des Moines County spent $432,012 on men’s collegiate basketball teams in 2023, representing a 78.7% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $570,946, with the men’s team receiving $432,012.

Since 2010, the average sports expenses in Des Moines County have grown 176.9%.

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 Des Moines County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$432,01220.5%$2,111,952
2022$241,78314.1%$1,714,571
2021$247,69415%$1,649,071
2020$447,69223.5%$1,909,117
2019$438,44024.6%$1,784,034

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