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Saturday, November 23, 2024

Kentucky: Campbell County’s men’s basketball teams budget increases 5.8% in 2023

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Dr. Cady Short-Thompson President | Northern Kentucky University

Dr. Cady Short-Thompson President | Northern Kentucky University

Campbell County spent $2,537,322 on men’s collegiate basketball teams in 2023, representing a 5.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,030,802, with the men’s team receiving $2,537,322.

Since 2010, the average sports expenses in Campbell County have grown 126.9%.

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 Campbell County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$2,537,32219.3%$13,135,573
2022$2,397,33618.3%$13,068,962
2021$1,939,39718.2%$10,631,950
2020$2,536,04320.9%$12,141,760
2019$2,470,37419.3%$12,795,351

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