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Saturday, November 23, 2024

New York: Chautauqua County's basketball teams budget decreases 15.7% 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's two universities invested $414,630 on their basketball teams in 2023, a 15.7% decrease from the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 13.2% of all money invested in sports teams in 2023.

The average sports expenses in Chautauqua County have grown 12.2% since 2010.

Suny in Fredonia stood out as the university in Chautauqua County that received the most basketball funding during 2023. The institution received $344,237 - or 83% of all the money destined to basketball teams.

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 the 2020–21 school year.

Basketball Team's Expenditures in Chautauqua County in Last 5 Years
YearBasketball Team's Expenditures% from grand total sport team expenditures
2023$414,63013.2%
2022$491,82314.2%
2021$276,61314.5%
2020$409,72014.6%
2019$398,56713.3%

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