Quantcast

Carbondale Reporter

Tuesday, July 2, 2024

Illinois: Jackson County’s men’s basketball teams budget increases 15.7% in 2023

Webp vjyzup14k3tkj8dqy1v99cpn4b24

Austin A. Lane Chancellor of Southern Illinois University-Carbondale | chancellor.siu.edu

Austin A. Lane Chancellor of Southern Illinois University-Carbondale | chancellor.siu.edu

Jackson County spent $2,573,107 on men’s collegiate basketball teams in 2023, representing a 15.7% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,017,755, with the men’s team receiving $2,573,107.

Since 2010, the average sports expenses in Jackson County have grown 2.1%.

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 Jackson County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$2,573,10710.9%$23,715,044
2022$2,224,45910.3%$21,513,903
2021$1,887,23813.5%$13,946,824
2020$3,120,98713.3%$23,464,573
2019$2,482,5499.5%$26,109,932

MORE NEWS