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Sunday, November 10, 2024

Chesterfield County’s institutions spent no money on men’s basketball teams in 2023

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Dr. Kyle Wagner President | Northeastern Technical College

Dr. Kyle Wagner President | Northeastern Technical College

Chesterfield County did not fund their men’s collegiate basketball teams in 2023, unchanged from the previous year, according to the U.S. Department of Education.

Since 2021, the average sports expenses in Chesterfield County have grown 89.6%.

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 Chesterfield County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$00%$61,775
2022$00%$59,828
2021$00%$32,581
2020N/AN/AN/A
2019N/AN/AN/A

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