President Tim Sands | Virginia Polytechnic Institute and State University
President Tim Sands | Virginia Polytechnic Institute and State University
The county’s funding for the basketball teams comprised 13.4% of all money invested in sports teams in 2023.
The average sports expenses in Montgomery County have grown 133.2% since 2010.
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 the 2020–21 school year.
Year | Basketball Team's Expenditures | % from grand total sport team expenditures |
---|---|---|
2023 | $15,681,489 | 13.4% |
2022 | $11,789,453 | 10.8% |
2021 | $7,996,595 | 10.9% |
2020 | $15,358,926 | 15.8% |
2019 | $12,589,171 | 15.3% |