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Friday, November 22, 2024

Michigan: Saginaw County's basketball teams budget decreases in 2023

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Dr. George Grant Jr President at Saginaw Valley State University | Saginaw Valley State University

Dr. George Grant Jr President at Saginaw Valley State University | Saginaw Valley State University

Saginaw County's institution invested $1,205,852 on their basketball teams in 2023, a 3.3% decrease from the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 12.5% of all money invested in sports teams in 2023.

The average sports expenses in Saginaw County have grown 101.8% since 2010.

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 the 2020–21 school year.

Basketball Team's Expenditures in Saginaw County in Last 5 Years
YearBasketball Team's Expenditures% from grand total sport team expenditures
2023$1,205,85212.5%
2022$1,247,36913%
2021$1,115,75014.7%
2020$1,146,37314.1%
2019$1,255,79415.1%

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