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Sunday, December 22, 2024

Rensselaer County’s women’s basketball teams receive $356,468 in 2023

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Martin A. Schmidt, President | Rensselaer Polytechnic Institute

Martin A. Schmidt, President | Rensselaer Polytechnic Institute

Rensselaer County spent $356,468 on women’s collegiate basketball teams in 2023, representing an 18.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $763,050, with women’s teams receiving $356,468.

Since 2010, the average sports expenses in Rensselaer County have grown 29.3%.

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.

Women’s Basketball Team's Expenditures of Rensselaer County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$356,4682.4%$15,118,857
2022$300,0012.1%$14,130,275
2021$101,6051.2%$8,610,577
2020$321,2672.4%$13,568,518
2019$274,6532%$13,963,363

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