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Will County Gazette

Friday, November 22, 2024

Will County’s institutions spent $1,649,955 on men’s basketball teams in 2023

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Dr. Clyne G. H. Namuo President | Joliet Junior College

Dr. Clyne G. H. Namuo President | Joliet Junior College

Will County spent $1,649,955 on men’s collegiate basketball teams in 2023, representing a 13.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $3,012,791, with men’s teams receiving $1,649,955.

Since 2010, the average sports expenses in Will County have grown 39.1%.

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 Will County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,649,9557.7%$21,320,656
2022$1,452,2547.8%$18,583,432
2021$1,251,9506.9%$18,088,959
2020$1,307,7037.6%$17,297,852
2019$1,360,6498%$17,076,093

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