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Thursday, November 14, 2024

Delaware: Kent County’s men’s basketball teams budget decreases 5.4% in 2023

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Mark T. Brainard President | Delaware Technical Community College-Terry

Mark T. Brainard President | Delaware Technical Community College-Terry

Kent County spent $1,230,478 on men’s collegiate basketball teams in 2023, representing a 5.4% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,892,214, with men’s teams receiving $1,230,478.

Since 2010, the average sports expenses in Kent County have grown 35.7%.

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 Kent County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,230,4787.2%$17,012,901
2022$1,301,1618.8%$14,838,205
2021$1,027,9857.5%$13,698,707
2020$993,2218.3%$11,901,691
2019$991,7057.5%$13,176,349

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