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Thursday, November 7, 2024

2023 sees Shasta County investing $771,734 in men’s basketball teams

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Dr. Norman D. Hall President of Simpson University | simpsonu.edu

Dr. Norman D. Hall President of Simpson University | simpsonu.edu

Shasta County spent $771,734 on men’s collegiate basketball teams in 2023, representing a 19.6% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,389,045, with men’s teams receiving $771,734.

Since 2010, the average sports expenses in Shasta County have grown 576.4%.

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 Shasta County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$771,7346.1%$12,596,868
2022$959,4579.6%$9,997,903
2021$722,6899.6%$7,529,331
2020$10,079,42368.4%$14,730,147
2019$559,27511.4%$4,923,098

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