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Thursday, November 21, 2024

New York: Cayuga County’s men’s basketball teams budget increases 45.8% in 2023

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Dr. Brian M. Durant, President | Cayuga County Community College

Dr. Brian M. Durant, President | Cayuga County Community College

Cayuga County spent $166,355 on men’s collegiate basketball teams in 2023, representing a 45.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $217,713, with men’s teams receiving $166,355.

Since 2010, the average sports expenses in Cayuga County have grown 57.7%.

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 Cayuga County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$166,3559.3%$1,787,339
2022$114,1197.8%$1,459,920
2021$44,7185%$897,086
2020$110,3677.1%$1,548,410
2019$130,5857.6%$1,707,040

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