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St. Charles Times

Thursday, November 21, 2024

Missouri: St. Charles County’s men’s basketball teams budget increases 21.3% in 2023

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Dr. John R. Porter , President | Lindenwood University

Dr. John R. Porter , President | Lindenwood University

St. Charles County spent $912,636 on men’s collegiate basketball teams in 2023, representing a 21.3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,739,033, with men’s teams receiving $912,636.

Since 2010, the average sports expenses in St. Charles County have grown 288.6%.

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 St. Charles County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$912,6364.4%$20,557,991
2022$752,4954.5%$16,566,074
2021$561,3203.9%$14,359,751
2020$786,1144.5%$17,583,390
2019$910,6994.8%$19,102,790

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