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Cincy Reporter

Thursday, September 19, 2024

2023 sees Hamilton County investing $22,683,124 in men’s basketball teams

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President H. James Williams | Mount Saint Joseph University

President H. James Williams | Mount Saint Joseph University

Hamilton County spent $22,683,124 on men’s collegiate basketball teams in 2023, representing a 0.9% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $29,466,830, with men’s teams receiving $22,683,124.

Since 2010, the average sports expenses in Hamilton County have grown 180.9%.

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 Hamilton County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$22,683,12419.9%$113,971,953
2022$22,896,63322.4%$102,435,102
2021$11,783,95516%$73,610,993
2020$15,602,65919.2%$81,266,333
2019$15,226,04719.1%$79,830,275

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