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Thursday, November 21, 2024

Lumpkin County’s institutions spent $531,886 on men’s basketball teams in 2023

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Michael P. Shannon, President | University of North Georgia

Michael P. Shannon, President | University of North Georgia

Lumpkin County spent $531,886 on men’s collegiate basketball teams in 2023, representing a 3.1% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $952,410, with the men’s team receiving $531,886.

Since 2014, the average sports expenses in Lumpkin County have grown 69.3%.

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 Lumpkin County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$531,8868.8%$6,062,391
2022$549,0628.6%$6,354,502
2021$501,2598.9%$5,607,231
2020$509,2098.9%$5,711,389
2019$570,58210.1%$5,626,525

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