Quantcast

Portage Times

Saturday, January 18, 2025

Portage County's institutions spent $4,091,164 on basketball teams in 2023

Webp rmj66lm8ckafs93rwekg40q65go5

Todd Diacon , President | Kent State University at Kent

Todd Diacon , President | Kent State University at Kent

Portage County's two universities invested $4,091,164 on their basketball teams in 2023, a 17.7% increase over the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 11.6% of all money invested in sports teams in 2023.

The average sports expenses in Portage County have grown 64.5% since 2010.

Kent State University in Kent stood out as the university in Portage County that received the most basketball funding during 2023. The institution received $3,808,403 - or 93.1% of all the money destined to basketball teams.

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 the 2020–21 school year.

Basketball Team's Expenditures in Portage County in Last 5 Years
YearBasketball Team's Expenditures% from grand total sport team expenditures
2023$4,091,16411.6%
2022$3,474,52711%
2021$2,796,08511.7%
2020$3,695,16912%
2019$3,939,82312.5%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS