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Suffolk Reporter

Friday, November 15, 2024

Suffolk County’s institutions spent $3,498,649 on men’s basketball teams in 2023

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Edward T. Bonahue, Ph.D., President | Suffolk County Community College

Edward T. Bonahue, Ph.D., President | Suffolk County Community College

Suffolk County spent $3,498,649 on men’s collegiate basketball teams in 2023, representing a 12.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $5,738,652, with men’s teams receiving $3,498,649.

Since 2010, the average sports expenses in Suffolk County have grown 53%.

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 Suffolk County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$3,498,6498.7%$40,250,637
2022$3,101,6178.6%$36,271,036
2021$2,047,1856.8%$29,968,121
2020$3,096,0188.4%$37,028,825
2019$2,631,1468.3%$31,814,494

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