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Saturday, September 28, 2024

2023 sees Sedgwick County investing $10,499,207 in men’s basketball teams

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Dr. Amy Bragg Carey President | Friends University

Dr. Amy Bragg Carey President | Friends University

Sedgwick County spent $10,499,207 on men’s collegiate basketball teams in 2023, representing an 89.2% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $14,004,895, with men’s teams receiving $10,499,207.

Since 2010, the average sports expenses in Sedgwick County have grown 108.3%.

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 Sedgwick County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$10,499,20722.3%$47,143,438
2022$5,548,93715.7%$35,327,732
2021$12,783,21033.2%$38,455,899
2020$8,399,57323.3%$36,094,823
2019$9,116,78723.8%$38,287,658

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