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Wednesday, December 25, 2024

New York: St. Lawrence County’s men’s basketball teams budget decreases in 2023

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Kathryn A. Morris President | St Lawrence University

Kathryn A. Morris President | St Lawrence University

St. Lawrence County spent $617,207 on men’s collegiate basketball teams in 2023, representing a 3.7% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,160,799, with men’s teams receiving $617,207.

Since 2010, the average sports expenses in St. Lawrence County have grown 65.1%.

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 St. Lawrence County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$617,2072.3%$26,879,766
2022$640,7932.5%$25,171,158
2021$294,5821.5%$20,119,660
2020$576,6742.5%$22,682,532
2019$637,4792.6%$24,627,276

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