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Peoria Standard

Thursday, November 21, 2024

Tazewell County’s institutions spent $158,224 on men’s basketball teams in 2023

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Dr. Sheila Quirk-Bailey President | Illinois Central College

Dr. Sheila Quirk-Bailey President | Illinois Central College

Tazewell County spent $158,224 on men’s collegiate basketball teams in 2023, representing an 18.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $319,334, with the men’s team receiving $158,224.

Since 2010, the average sports expenses in Tazewell County have grown 44.2%.

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 Tazewell County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$158,22410.4%$1,522,608
2022$133,3579.8%$1,361,172
2021$117,73510.8%$1,090,556
2020$192,37713.9%$1,384,895
2019$146,67711.2%$1,312,226

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