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Portland Courant

Thursday, November 21, 2024

Multnomah County’s institutions spent $6,315,466 on men’s basketball teams in 2023

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Dr. Adrien Bennings, President | Portland Community College

Dr. Adrien Bennings, President | Portland Community College

Multnomah County spent $6,315,466 on men’s collegiate basketball teams in 2023, representing a 12% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $10,965,342, with men’s teams receiving $6,315,466.

Since 2010, the average sports expenses in Multnomah County have grown 104.7%.

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 Multnomah County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$6,315,46612%$52,414,552
2022$5,638,57312.1%$46,641,430
2021$4,715,60611.9%$39,535,154
2020$5,482,29713.4%$40,928,985
2019$6,463,00314.6%$44,247,128

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