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Dayton Reporter

Thursday, November 21, 2024

Montgomery County’s institutions spent $9,381,496 on men’s basketball teams in 2023

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Eric F. Spina, President | University of Dayton

Eric F. Spina, President | University of Dayton

Montgomery County spent $9,381,496 on men’s collegiate basketball teams in 2023, representing an 8.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $13,047,338, with the men’s team receiving $9,381,496.

Since 2010, the average sports expenses in Montgomery County have grown 299.5%.

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 Montgomery County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$9,381,49623.4%$40,104,753
2022$8,657,24825.4%$34,043,542
2021$5,976,60024%$24,878,288
2020$8,328,99426.4%$31,490,597
2019$7,547,72823.3%$32,368,653

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