Middlesex County spent $16,281,024 on men’s collegiate basketball teams in 2023, representing a 13.9% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $26,677,257, with men’s teams receiving $16,281,024.
Since 2010, the average sports expenses in Middlesex County have grown 113.5%.
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.
| Year | Basketball team’s expenditures | % from grand total sport team expenditures | Total Sport Team Expenditures |
|---|---|---|---|
| 2023 | $16,281,024 | 7.1% | $228,500,533 |
| 2022 | $14,294,935 | 7.4% | $193,685,669 |
| 2021 | $9,390,292 | 7.6% | $122,964,074 |
| 2020 | $12,624,941 | 7.2% | $174,502,246 |
| 2019 | $12,248,505 | 7.2% | $169,405,817 |
