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Greenville Reporter

Saturday, November 23, 2024

North Carolina: Pitt County’s men’s basketball teams budget increases in 2023

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Philip G. Rogers, Chancellor | East Carolina University

Philip G. Rogers, Chancellor | East Carolina University

Pitt County spent $4,469,550 on men’s collegiate basketball teams in 2023, representing a 3.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $7,117,560, with men’s teams receiving $4,469,550.

Since 2010, the average sports expenses in Pitt County have grown 107.6%.

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 Pitt County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$4,469,5507.3%$61,322,208
2022$4,322,6028.3%$52,170,462
2021$2,916,4717.1%$41,132,706
2020$4,047,9518.3%$48,884,394
2019$4,000,2528.4%$47,340,981

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