Erie County spent $1,952,763 on men’s collegiate basketball teams in 2023, representing a 3.9% decrease from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $3,783,882, with men’s teams receiving $1,952,763.
Since 2010, the average sports expenses in Erie County have grown 74.7%.
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 | $1,952,763 | 6.4% | $30,315,013 |
| 2022 | $2,031,646 | 5.9% | $34,433,042 |
| 2021 | $1,548,896 | 5.2% | $29,612,904 |
| 2020 | $2,093,986 | 6% | $35,168,641 |
| 2019 | $2,148,308 | 6.5% | $32,845,201 |
