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Saturday, November 23, 2024

Dakota County’s institutions spent $86,078 on men’s basketball teams in 2023

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Michael Berndt President | Dakota County Technical College

Michael Berndt President | Dakota County Technical College

Dakota County spent $86,078 on men’s collegiate basketball teams in 2023, representing a 6.7% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $86,078, with the men’s team receiving $86,078.

Since 2010, the average sports expenses in Dakota County have grown 209.5%.

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 Dakota County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$86,07811.9%$726,328
2022$92,25513.9%$662,239
2021$65,54611.8%$557,157
2020$81,74114%$583,819
2019$105,91516%$663,712

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