Dr. Michael J. McDonough, President | Raritan Valley Community College
Dr. Michael J. McDonough, President | Raritan Valley Community College
Overall, basketball teams in the county received a total of $105,281, with the men’s team receiving $58,107.
Since 2010, the average sports expenses in Somerset County have grown 20%.
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 | $58,107 | 14.7% | $395,904 |
2022 | $49,185 | 14.1% | $348,009 |
2021 | $41,443 | 20.3% | $204,525 |
2020 | $55,653 | 19% | $293,634 |
2019 | $59,799 | 9.6% | $621,259 |