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Atlantic County Times

Wednesday, October 16, 2024

New Jersey: Atlantic County’s men’s basketball teams budget decreases in 2023

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Dr. Barbara Gaba President | Atlantic Cape Community College

Dr. Barbara Gaba President | Atlantic Cape Community College

Atlantic County spent $233,078 on men’s collegiate basketball teams in 2023, representing a 4.6% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $453,305, with men’s teams receiving $233,078.

Since 2010, the average sports expenses in Atlantic County have grown 70.5%.

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 Atlantic County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$233,0784.1%$5,635,388
2022$244,2964.7%$5,170,359
2021$131,7753.1%$4,278,035
2020$196,9924.3%$4,569,017
2019$179,7363.7%$4,795,976

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