Lyon County’s basketball teams receive $864,708 in 2023

Lyon County’s basketball teams receive 4,708 in 2023
Kumara Jayasuriya President — Southwest Minnesota State University
0Comments

Lyon County’s institution invested $864,708 on their basketball teams in 2023, a 3.5% increase over the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 14.9% of all money invested in sports teams in 2023.

The average sports expenses in Lyon County have grown 68.3% since 2010.

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 the 2020–21 school year.

Basketball Team’s Expenditures in Lyon County in Last 5 Years
Year Basketball Team’s Expenditures % from grand total sport team expenditures
2023 $864,708 14.9%
2022 $835,307 14.6%
2021 $734,418 14.2%
2020 $859,694 17.2%
2019 $777,169 15.1%


Related

Which former SW Minnesota Today area high school standouts will be in action on Sunday, May 11?

Which former SW Minnesota Today area high school standouts will be in action on Sunday, May 11?

These former SW Minnesota Today area high school standouts will be in action on Sunday, May 11.

Which former SW Minnesota Today area high school standouts will be in action on Saturday, May 10?

Which former SW Minnesota Today area high school standouts will be in action on Saturday, May 10?

These former SW Minnesota Today area high school standouts will be in action on Saturday, May 10.

Which former SW Minnesota Today area high school standouts will be in action on Friday, May 9?

Which former SW Minnesota Today area high school standouts will be in action on Friday, May 9?

These former SW Minnesota Today area high school standouts will be in action on Friday, May 9.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from SW Minnesota Today.