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Tuesday, December 3, 2024

Minnesota: Beltrami County’s men’s basketball teams budget increases 24.5% in 2023

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Dr. Martin Giese, President | Oak Hills Christian College

Dr. Martin Giese, President | Oak Hills Christian College

Beltrami County spent $507,395 on men’s collegiate basketball teams in 2023, representing a 24.5% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,017,478, with men’s teams receiving $507,395.

Since 2010, the average sports expenses in Beltrami County have grown 88.5%.

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.

Men’s Basketball Team's Expenditures of Beltrami County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$507,3955.8%$8,785,888
2022$407,6354.9%$8,284,603
2021$396,6445.7%$6,926,497
2020$465,3716.2%$7,540,379
2019$450,1186%$7,451,537

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