Quantcast

SC Virginia News

Wednesday, October 16, 2024

Virginia: Prince Edward County’s men’s basketball teams budget increases 23.3% in 2023

Webp toq6avdmowmauzszj5l4iwxfva58

W. Taylor Reveley IV, President | Longwood University

W. Taylor Reveley IV, President | Longwood University

Prince Edward County spent $3,349,561 on men’s collegiate basketball teams in 2023, representing a 23.3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,737,143, with men’s teams receiving $3,349,561.

Since 2010, the average sports expenses in Prince Edward County have grown 39.4%.

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 Prince Edward County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$3,349,56117.7%$18,896,859
2022$2,717,59517.2%$15,801,548
2021$1,971,64813.8%$14,307,496
2020$2,394,65316.8%$14,224,785
2019$2,221,52815.6%$14,275,337

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS