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Friday, November 1, 2024

2023 sees Seward County investing $865,157 in basketball teams

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Dr. Bernard Bull President | Concordia University-Nebraska

Dr. Bernard Bull President | Concordia University-Nebraska

Seward County's institution invested $865,157 on their basketball teams in 2023, a 6.5% decrease from the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 9.9% of all money invested in sports teams in 2023.

The average sports expenses in Seward County have grown 199.6% since 2010.

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 the 2020–21 school year.

Basketball Team's Expenditures in Seward County in Last 5 Years
YearBasketball Team's Expenditures% from grand total sport team expenditures
2023$865,1579.9%
2022$925,27911.2%
2021$908,81810.9%
2020$847,27911.6%
2019$803,27711.1%

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