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Tuesday, November 5, 2024

Illinois: Wabash County’s men’s basketball teams budget decreases 10.2% in 2023

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Dr. Matt Fowler President | Wabash Valley College

Dr. Matt Fowler President | Wabash Valley College

Wabash County spent $220,200 on men’s collegiate basketball teams in 2023, representing a 10.2% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $459,862, with the men’s team receiving $220,200.

Since 2010, the average sports expenses in Wabash County have grown 108.5%.

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 Wabash County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$220,20015.7%$1,398,813
2022$245,23218%$1,360,599
2021$253,47419%$1,332,296
2020$242,76319.8%$1,223,735
2019$235,50320.2%$1,167,766

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