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Thursday, November 21, 2024

Iowa: Black Hawk County’s men’s basketball teams budget decreases 5.7% in 2023

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Dr. Todd Holcomb, President | Hawkeye Community College

Dr. Todd Holcomb, President | Hawkeye Community College

Black Hawk County spent $3,296,659 on men’s collegiate basketball teams in 2023, representing a 5.7% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,762,994, with men’s teams receiving $3,296,659.

Since 2010, the average sports expenses in Black Hawk County have dropped 29.1%.

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 Black Hawk County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$3,296,65916.9%$19,471,896
2022$3,495,09318.3%$19,046,870
2021$2,413,38115.5%$15,585,191
2020$3,258,22418.2%$17,883,082
2019$3,550,79317.7%$20,024,501

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