Montgomery County spent $2,213,450 on men’s collegiate basketball teams in 2023, representing a 35% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $3,517,202, with the men’s team receiving $2,213,450.
Since 2010, the average sports expenses in Montgomery County have grown 198.8%.
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.
| Year | Basketball team’s expenditures | % from grand total sport team expenditures | Total Sport Team Expenditures |
|---|---|---|---|
| 2023 | $2,213,450 | 9.9% | $22,249,063 |
| 2022 | $1,639,643 | 10% | $16,365,007 |
| 2021 | $1,526,802 | 10.8% | $14,158,566 |
| 2020 | $1,689,453 | 11.4% | $14,817,091 |
| 2019 | $1,904,820 | 13% | $14,697,020 |
