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Saturday, September 21, 2024

New York: Chautauqua County’s men’s basketball teams budget decreases 15.8% in 2023

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President Stephen H. Kolison Jr., Ph.D. | SUNY at Fredonia

President Stephen H. Kolison Jr., Ph.D. | SUNY at Fredonia

Chautauqua County spent $206,362 on men’s collegiate basketball teams in 2023, representing a 15.8% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $414,630, with men’s teams receiving $206,362.

Since 2010, the average sports expenses in Chautauqua County have grown 12.2%.

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 Chautauqua County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$206,3626.6%$3,139,558
2022$245,0797.1%$3,457,759
2021$132,8656.9%$1,913,936
2020$207,2677.4%$2,808,279
2019$198,9236.6%$2,998,738

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