Hancock County spent $130,971 on men’s collegiate basketball teams in 2023, representing a 47.6% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $309,245, with the men’s team receiving $130,971.
Since 2010, the average sports expenses in Hancock County have grown 68%.
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 | $130,971 | 5.9% | $2,220,295 |
| 2022 | $88,705 | 4.9% | $1,827,151 |
| 2021 | $46,966 | 5% | $934,907 |
| 2020 | $92,879 | 4.1% | $2,260,388 |
| 2019 | $105,536 | 4.6% | $2,294,578 |
