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Monday, November 4, 2024

Michigan: Gratiot County’s men’s basketball teams budget decreases in 2023

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Jeff Abernathy President at Alma College | Alma College

Jeff Abernathy President at Alma College | Alma College

Gratiot County spent $180,346 on men’s collegiate basketball teams in 2023, representing a 4.7% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $398,291, with the men’s team receiving $180,346.

Since 2010, the average sports expenses in Gratiot County have grown 183.6%.

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 Gratiot County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$180,3463.4%$5,352,610
2022$189,1954.1%$4,640,975
2021$189,3025%$3,779,496
2020$195,3825.1%$3,847,435
2019$221,3905.4%$4,137,637

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