Quantcast

Milwaukee City Wire

Thursday, November 21, 2024

Milwaukee County’s institutions spent $22,143,404 on men’s basketball teams in 2023

Webp zi6kx61trg8p63nk6wbr9evtdcvi

Milwaukee Area Technical College - President Vicki J. Martin, Ph.D. | Milwaukee Area Technical College

Milwaukee Area Technical College - President Vicki J. Martin, Ph.D. | Milwaukee Area Technical College

Milwaukee County spent $22,143,404 on men’s collegiate basketball teams in 2023, representing a 2.1% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $30,142,257, with men’s teams receiving $22,143,404.

Since 2010, the average sports expenses in Milwaukee County have grown 63.1%.

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 Milwaukee County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$22,143,40431%$71,446,504
2022$22,617,01931.6%$71,537,054
2021$14,294,58021.7%$65,743,407
2020$17,430,50728.3%$61,611,740
2019$18,519,67228.7%$64,590,842

MORE NEWS