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Friday, November 15, 2024

Missouri: Randolph County’s men’s basketball teams budget increases 10.3% in 2023

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Lloyd Pelfrey President Emeritus / Emeritus Professor of Old Testament | Central Christian College of the Bible

Lloyd Pelfrey President Emeritus / Emeritus Professor of Old Testament | Central Christian College of the Bible

Randolph County spent $646,114 on men’s collegiate basketball teams in 2023, representing a 10.3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,191,019, with men’s teams receiving $646,114.

Since 2010, the average sports expenses in Randolph County have grown 208.4%.

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 Randolph County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$646,11434.4%$1,878,859
2022$585,76642.7%$1,370,526
2021$501,53846.7%$1,075,055
2020$510,11950.2%$1,015,912
2019$546,32553.9%$1,013,308

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