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Saturday, September 21, 2024

South Carolina: Sumter County’s men’s basketball teams budget increases 14.6% in 2023

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Michael E. Sonntag, Regional Campus Dean | University of South Carolina-Sumter

Michael E. Sonntag, Regional Campus Dean | University of South Carolina-Sumter

Sumter County spent $146,031 on men’s collegiate basketball teams in 2023, representing a 14.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $327,912, with men’s teams receiving $146,031.

Since 2010, the average sports expenses in Sumter County have grown 152%.

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 Sumter County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$146,03110.6%$1,375,691
2022$127,43410.8%$1,184,950
2021$00%$648,180
2020$99,05212.4%$799,678
2019$114,46414.4%$794,455

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