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Wednesday, October 16, 2024

Franklin County’s women’s basketball teams receive $224,185 in 2023

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President Mirta Martin | Ferrum College

President Mirta Martin | Ferrum College

Franklin County spent $224,185 on women’s collegiate basketball teams in 2023, representing a 17.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $428,153, with the women’s team receiving $224,185.

Since 2010, the average sports expenses in Franklin County have grown 156.3%.

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.

Women’s Basketball Team's Expenditures of Franklin County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$224,1855.6%$4,020,503
2022$190,2445.1%$3,765,182
2021$157,7065.9%$2,656,187
2020$134,9424%$3,395,155
2019$157,3714.3%$3,628,479

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