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Saturday, November 2, 2024

Chippewa County’s institutions spent $664,487 on men’s basketball teams in 2023

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Dr. Kimberly Muller Interim Provost & Vice President for Academic Affairs at Lake Superior State University | Lake Superior State University

Dr. Kimberly Muller Interim Provost & Vice President for Academic Affairs at Lake Superior State University | Lake Superior State University

Chippewa County spent $664,487 on men’s collegiate basketball teams in 2023, representing a 4.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,217,578, with the men’s team receiving $664,487.

Since 2010, the average sports expenses in Chippewa County have grown 57.5%.

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 Chippewa County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$664,48713.7%$4,865,627
2022$633,76213.7%$4,617,484
2021$493,39713.7%$3,595,135
2020$571,81913.8%$4,151,511
2019$498,55912.5%$3,988,085

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