James Rankin President South Dakota School of Mines and Technology | argusleader.com
James Rankin President South Dakota School of Mines and Technology | argusleader.com
Overall, basketball teams in the county received a total of $935,441, with the women’s team receiving $446,764.
Since 2010, the average sports expenses in Pennington County have grown 153.5%.
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 | $446,764 | 9.1% | $4,911,104 |
| 2022 | $475,985 | 9.2% | $5,180,888 |
| 2021 | $434,380 | 11.3% | $3,861,102 |
| 2020 | $455,632 | 9.4% | $4,835,713 |
| 2019 | $403,958 | 8.8% | $4,574,150 |
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