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Saturday, December 21, 2024

West Virginia: Mineral County’s men’s basketball teams budget decreases 11.9% in 2023

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Chris Gilmer, Ph.D. Campus President | Potomac State College of West Virginia University

Chris Gilmer, Ph.D. Campus President | Potomac State College of West Virginia University

Mineral County spent $86,453 on men’s collegiate basketball teams in 2023, representing an 11.9% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $175,411, with the men’s team receiving $86,453.

Since 2010, the average sports expenses in Mineral County have grown 120.2%.

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 Mineral County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$86,4537.6%$1,142,034
2022$98,1508.4%$1,173,971
2021$75,9767.2%$1,056,565
2020$89,8439.2%$972,178
2019$107,73610.5%$1,022,200

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