Quantcast

Denver City Wire

Saturday, November 23, 2024

2023 sees Denver County investing $4,641,495 in men’s basketball teams

Webp m3q3hojyzwh358dfx3w2id3r3chu

Dr. Jeremy Haefner Chancellor | University of Denver

Dr. Jeremy Haefner Chancellor | University of Denver

Denver County spent $4,641,495 on men’s collegiate basketball teams in 2023, representing an 8.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $8,462,452, with men’s teams receiving $4,641,495.

Since 2010, the average sports expenses in Denver County have grown 99.8%.

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 Denver County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$4,641,4957.5%$61,525,291
2022$4,272,0887.5%$57,271,044
2021$3,864,6418.5%$45,378,195
2020$3,855,0507.6%$50,484,399
2019$3,957,7747.8%$51,022,245

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS