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Canton Reporter

Wednesday, October 16, 2024

2023 sees Stark County investing $1,507,314 in men’s basketball teams

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Gregory L. King, President | University of Mount Union

Gregory L. King, President | University of Mount Union

Stark County spent $1,507,314 on men’s collegiate basketball teams in 2023, representing a 17.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $2,546,911, with men’s teams receiving $1,507,314.

Since 2010, the average sports expenses in Stark County have grown 74.7%.

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 Stark County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,507,3148.4%$18,045,069
2022$1,279,2137.3%$17,507,806
2021$1,192,2077.4%$16,128,833
2020$1,195,8207%$16,965,903
2019$1,242,0886.5%$19,089,387

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