Kennebec County spent $452,969 on men’s collegiate basketball teams in 2023, representing a 6.4% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $935,183, with men’s teams receiving $452,969.
Since 2010, the average sports expenses in Kennebec County have grown 157.7%.
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.
| Year | Basketball team’s expenditures | % from grand total sport team expenditures | Total Sport Team Expenditures |
|---|---|---|---|
| 2023 | $452,969 | 3.5% | $12,841,975 |
| 2022 | $425,845 | 3.7% | $11,610,447 |
| 2021 | $338,091 | 3.7% | $9,082,363 |
| 2020 | $440,148 | 4.3% | $10,194,096 |
| 2019 | $384,842 | 3.8% | $10,003,412 |
