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Tallahassee Sun

Tuesday, December 3, 2024

Leon County’s institutions spent $15,817,070 on men’s basketball teams in 2023

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Lawrence Barrett, ED.D. President | Florida Gateway College

Lawrence Barrett, ED.D. President | Florida Gateway College

Leon County spent $15,817,070 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 $23,147,897, with men’s teams receiving $15,817,070.

Since 2010, the average sports expenses in Leon County have grown 61.3%.

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 Leon County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$15,817,0708.5%$185,709,745
2022$12,831,9298%$161,105,052
2021$8,043,1409%$89,140,487
2020$12,101,5357.2%$168,530,741
2019$18,278,3368.7%$211,180,523

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