Quantcast

South Fairfax News

Thursday, November 21, 2024

Virginia: Fairfax County’s men’s basketball teams budget increases in 2023

Webp uko8xk07zanv6s0lnapyk0jbg2hp

President Gregory Washington | George Mason University

President Gregory Washington | George Mason University

Fairfax County spent $5,269,887 on men’s collegiate basketball teams in 2023, representing a 3.9% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $8,298,550, with men’s teams receiving $5,269,887.

Since 2010, the average sports expenses in Fairfax County have dropped 6.2%.

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 Fairfax County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$5,269,88718.1%$29,194,831
2022$5,072,24618.6%$27,219,043
2021$3,690,89717.3%$21,391,040
2020$4,764,67719.6%$24,334,967
2019$4,324,41617.9%$24,175,131

MORE NEWS