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Morristown Times

Thursday, November 21, 2024

Claiborne County’s institutions spent $947,764 on men’s basketball teams in 2023

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Dr. Jason McConnell President | Lincoln Memorial University

Dr. Jason McConnell President | Lincoln Memorial University

Claiborne County spent $947,764 on men’s collegiate basketball teams in 2023, representing a 6.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,567,228, with the men’s team receiving $947,764.

Since 2010, the average sports expenses in Claiborne County have grown 370.3%.

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 Claiborne County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$947,7649.8%$9,645,769
2022$890,62210.1%$8,849,982
2021$999,06811.9%$8,372,732
2020$1,080,00212.2%$8,885,126
2019$943,67011%$8,566,816

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