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Upper West SC News

Friday, November 22, 2024

2023 sees Laurens County investing $1,218,554 in men’s basketball teams

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Anita Olson Gustafson, Ph.D. President | Presbyterian College

Anita Olson Gustafson, Ph.D. President | Presbyterian College

Laurens County spent $1,218,554 on men’s collegiate basketball teams in 2023, representing a 2% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $2,213,622, with the men’s team receiving $1,218,554.

Since 2010, the average sports expenses in Laurens County have grown 17.2%.

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 Laurens County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,218,55410%$12,175,117
2022$1,243,42610.9%$11,391,677
2021$982,0819.8%$10,002,834
2020$1,346,65910.8%$12,490,459
2019$1,330,76210.9%$12,195,379

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