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Cambria Times

Thursday, November 14, 2024

Cambria County’s institutions spent $2,506,947 on men’s basketball teams in 2023

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Fr. Malachi Van Tassell T.O.R., Ph.D, President | Saint Francis University

Fr. Malachi Van Tassell T.O.R., Ph.D, President | Saint Francis University

Cambria County spent $2,506,947 on men’s collegiate basketball teams in 2023, representing an 8.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,604,446, with men’s teams receiving $2,506,947.

Since 2010, the average sports expenses in Cambria County have grown 42.7%.

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 Cambria County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$2,506,94711%$22,692,329
2022$2,313,3589.9%$23,324,401
2021$1,941,79610.6%$18,388,397
2020$2,339,10612.1%$19,360,421
2019$2,511,03812%$20,851,119

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