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Saturday, September 21, 2024

Yellow Medicine County’s institutions spent $52,575 on men’s basketball teams in 2023

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Terry Gaalswyk, Ph.d, President | Minnesota West Community and Technical College

Terry Gaalswyk, Ph.d, President | Minnesota West Community and Technical College

Yellow Medicine County spent $52,575 on men’s collegiate basketball teams in 2023, representing a 12.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $148,657, with the men’s team receiving $52,575.

Since 2010, the average sports expenses in Yellow Medicine County have grown 83.8%.

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 Yellow Medicine County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$52,5758.7%$601,885
2022$46,6919.9%$472,813
2021$30,0538.1%$371,026
2020$37,7628.9%$423,734
2019$33,01510%$330,739

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