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Madison Reporter

Thursday, September 19, 2024

2023 sees Dane County investing $11,295,380 in men’s basketball teams

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Andrew P. Manion, Ph.D. President | Edgewood College

Andrew P. Manion, Ph.D. President | Edgewood College

Dane County spent $11,295,380 on men’s collegiate basketball teams in 2023, representing a 24.7% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $15,959,604, with men’s teams receiving $11,295,380.

Since 2010, the average sports expenses in Dane County have grown 93.7%.

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 Dane County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$11,295,3806.4%$177,788,273
2022$9,057,7886.7%$135,690,470
2021$6,290,2526.1%$103,933,696
2020$8,802,7516.3%$140,349,993
2019$8,783,1146.1%$143,454,981

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