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Monday, December 23, 2024

Kentucky: Whitley County’s men’s basketball teams budget increases in 2023

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Dr. Larry L. Cockrum President | University Of The Cumberlands

Dr. Larry L. Cockrum President | University Of The Cumberlands

Whitley County spent $451,034 on men’s collegiate basketball teams in 2023, representing a 3.7% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,032,627, with the men’s team receiving $451,034.

Since 2010, the average sports expenses in Whitley County have grown 114.4%.

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 Whitley County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$451,0344.1%$10,987,075
2022$435,0964.2%$10,349,095
2021$425,9764.7%$9,037,191
2020$430,8474.9%$8,727,999
2019$520,2905.4%$9,646,463

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