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Southern West Virginia News

Tuesday, December 24, 2024

West Virginia: Raleigh County’s men’s basketball teams budget decreases 14.1% in 2023

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Dr. Daniel Anderson, President | Appalachian Bible College

Dr. Daniel Anderson, President | Appalachian Bible College

Raleigh County spent $352,480 on men’s collegiate basketball teams in 2023, representing a 14.1% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $844,507, with men’s teams receiving $352,480.

Since 2010, the average sports expenses in Raleigh County have grown 51.5%.

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 Raleigh County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$352,4808.8%$3,983,620
2022$410,23610.2%$4,038,700
2021$367,3378.9%$4,114,188
2020$334,6598.1%$4,122,586
2019$443,7439.7%$4,567,401

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