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Saturday, July 6, 2024

Warren County’s institutions spent $2,911,549 on men’s basketball teams in 2023

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Timothy C. Caboni President | Western Kentucky University

Timothy C. Caboni President | Western Kentucky University

Warren County spent $2,911,549 on men’s collegiate basketball teams in 2023, representing a 12% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,373,049, with the men’s team receiving $2,911,549.

Since 2010, the average sports expenses in Warren County have grown 9.3%.

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 Warren County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$2,911,54911.5%$25,400,653
2022$3,309,74511.6%$28,545,295
2021$2,888,48612.1%$23,888,166
2020$3,147,25411.8%$26,568,285
2019$3,455,91813.3%$25,997,243

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