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Macon Reporter

Tuesday, December 3, 2024

Macon County’s institutions spent $213,491 on men’s basketball teams in 2023

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Dr. Jim Reynolds President | Millikin University

Dr. Jim Reynolds President | Millikin University

Macon County spent $213,491 on men’s collegiate basketball teams in 2023, representing a 4.3% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $451,431, with the men’s team receiving $213,491.

Since 2010, the average sports expenses in Macon County have grown 130.1%.

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 Macon County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$213,4914.6%$4,691,261
2022$223,1684.9%$4,526,669
2021$214,2465.7%$3,749,167
2020$228,3345.7%$4,001,633
2019$235,6146.1%$3,854,506

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