Quantcast

Monroe County News

Saturday, December 21, 2024

Monroe County’s institutions spent $652,934 on men’s basketball teams in 2023

Webp egfjnrw0zimvqil6hh3mnc02eozn

Kenneth Long, M.B.A., President | East Stroudsburg University of Pennsylvania

Kenneth Long, M.B.A., President | East Stroudsburg University of Pennsylvania

Monroe County spent $652,934 on men’s collegiate basketball teams in 2023, representing a 13.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,074,923, with the men’s team receiving $652,934.

Since 2010, the average sports expenses in Monroe County have grown 103.7%.

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 Monroe County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$652,9346.6%$9,846,051
2022$575,8716.6%$8,716,435
2021$486,8538.5%$5,749,529
2020$613,9058.8%$7,015,509
2019$555,3908.1%$6,854,065

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