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Tuesday, December 3, 2024

South Carolina: Anderson County’s men’s basketball teams budget increases 20.2% in 2023

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Evans P. Whitaker, Ph.D, President | Anderson University

Evans P. Whitaker, Ph.D, President | Anderson University

Anderson County spent $612,860 on men’s collegiate basketball teams in 2023, representing a 20.2% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,185,541, with the men’s team receiving $612,860.

Since 2010, the average sports expenses in Anderson County have grown 252%.

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 Anderson County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$612,8606.1%$10,077,506
2022$509,8006.4%$7,988,361
2021$557,0597.9%$7,033,884
2020$553,2079.4%$5,881,168
2019$509,2579%$5,664,268

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