Wapello County’s institution invested $659,806 on their basketball teams in 2023, a 3.7% increase over the previous year, according to the U.S. Department of Education.
The county’s funding for the basketball teams comprised 14.5% of all money invested in sports teams in 2023.
The average sports expenses in Wapello County have grown 223.4% since 2010.
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 the 2020–21 school year.
| Year | Basketball Team’s Expenditures | % from grand total sport team expenditures |
|---|---|---|
| 2023 | $659,806 | 14.5% |
| 2022 | $636,392 | 14.4% |
| 2021 | $511,631 | 13.6% |
| 2020 | $522,428 | 19% |
| 2019 | $601,031 | 23.2% |
