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Thursday, November 7, 2024

2023 sees Silver Bow County investing $563,583 in men’s basketball teams

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Dr. Les Cook Chancellor | Montana Technological University

Dr. Les Cook Chancellor | Montana Technological University

Silver Bow County spent $563,583 on men’s collegiate basketball teams in 2023, representing a 0.5% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $838,064, with the men’s team receiving $563,583.

Since 2010, the average sports expenses in Silver Bow County have grown 70.2%.

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 Silver Bow County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$563,58315.8%$3,566,217
2022$560,56115.4%$3,635,069
2021$429,21216.4%$2,609,249
2020$448,54615.1%$2,967,071
2019$428,10614.1%$3,028,552

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