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Wednesday, November 27, 2024

Nicollet County’s institutions spent $215,792 on men’s basketball teams in 2023

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Rebecca M. Bergman President | Gustavus Adolphus College

Rebecca M. Bergman President | Gustavus Adolphus College

Nicollet County spent $215,792 on men’s collegiate basketball teams in 2023, representing a 13.8% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $435,004, with the men’s team receiving $215,792.

Since 2010, the average sports expenses in Nicollet County have grown 35.3%.

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 Nicollet County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$215,7924.1%$5,260,711
2022$250,2485.2%$4,856,884
2021$180,6005.2%$3,481,473
2020$200,4114.8%$4,199,259
2019$178,2964%$4,442,127

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