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Southeast South Dakota News

Wednesday, December 4, 2024

2023 sees Yankton County investing $772,858 in men’s basketball teams

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Dr. Marcus Long President | Mount Marty University

Dr. Marcus Long President | Mount Marty University

Yankton County spent $772,858 on men’s collegiate basketball teams in 2023, representing a 1.1% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,419,739, with the men’s team receiving $772,858.

Since 2010, the average sports expenses in Yankton County have grown 869.7%.

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 Yankton County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$772,8587%$11,028,556
2022$764,0877.7%$9,905,482
2021$524,60716.2%$3,243,085
2020$424,79715.1%$2,818,098
2019$217,89310.9%$2,007,111

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