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Friday, November 15, 2024

Kentucky: Boyle County’s men’s basketball teams budget increases 5.4% in 2023

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Milton C. Moreland President | Centre College

Milton C. Moreland President | Centre College

Boyle County spent $153,017 on men’s collegiate basketball teams in 2023, representing a 5.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $283,286, with the men’s team receiving $153,017.

Since 2010, the average sports expenses in Boyle County have grown 189.5%.

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 Boyle County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$153,0173%$5,026,261
2022$145,2333.1%$4,621,097
2021$115,8893.4%$3,385,977
2020$175,1924%$4,347,302
2019$147,3443.6%$4,090,461

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