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Thursday, November 14, 2024

Washington: King County’s men’s basketball teams budget decreases in 2023

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Dr. Suzanne M. Johnson, President | Green River College

Dr. Suzanne M. Johnson, President | Green River College

King County spent $15,390,699 on men’s collegiate basketball teams in 2023, representing a 3% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $25,379,799, with men’s teams receiving $15,390,699.

Since 2010, the average sports expenses in King County have grown 120.3%.

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 King County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$15,390,6998.8%$174,151,704
2022$15,867,7059.4%$169,359,926
2021$11,112,6039.9%$112,204,386
2020$14,953,00510%$149,700,048
2019$13,344,9999.2%$145,619,759

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