Mercer County spent $914,146 on men’s collegiate basketball teams in 2023, representing a 43.1% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $1,831,094, with men’s teams receiving $914,146.
Since 2010, the average sports expenses in Mercer County have grown 148.2%.
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 | $914,146 | 8.8% | $10,425,161 |
| 2022 | $638,861 | 6.8% | $9,409,676 |
| 2021 | $561,335 | 10.5% | $5,340,890 |
| 2020 | $603,498 | 11.1% | $5,413,640 |
| 2019 | $561,678 | 10.6% | $5,320,467 |
