Transylvania County spent $168,398 on men’s collegiate basketball teams in 2023, representing a 4.5% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $315,207, with the men’s team receiving $168,398.
Since 2010, the average sports expenses in Transylvania County have dropped 21.6%.
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.
| Year | Basketball team’s expenditures | % from grand total sport team expenditures | Total Sport Team Expenditures |
|---|---|---|---|
| 2023 | $168,398 | 5.7% | $2,931,926 |
| 2022 | $161,092 | 5.7% | $2,802,038 |
| 2021 | $121,461 | 4.7% | $2,571,542 |
| 2020 | $150,668 | 5.4% | $2,795,431 |
| 2019 | $155,241 | 5.5% | $2,816,606 |
