Sumter County spent $651,519 on men’s collegiate basketball teams in 2023, representing an 8.9% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $1,314,163, with the men’s team receiving $651,519.
Since 2010, the average sports expenses in Sumter County have grown 149.6%.
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.
| Year | Basketball team’s expenditures | % from grand total sport team expenditures | Total Sport Team Expenditures |
|---|---|---|---|
| 2023 | $651,519 | 7.1% | $9,240,990 |
| 2022 | $598,015 | 7.2% | $8,253,787 |
| 2021 | $506,669 | 6.1% | $8,245,423 |
| 2020 | $512,924 | 7.1% | $7,219,425 |
| 2019 | $623,622 | 7.6% | $8,174,264 |
