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Morris Leader

Saturday, January 18, 2025

Morris County’s institutions spent $408,004 on men’s basketball teams in 2023

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Dr. Gary B. Crosby, President | Saint Elizabeth University

Dr. Gary B. Crosby, President | Saint Elizabeth University

Morris County spent $408,004 on men’s collegiate basketball teams in 2023, representing a 3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $767,238, with men’s teams receiving $408,004.

Since 2010, the average sports expenses in Morris County have grown 85.8%.

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.

Men’s Basketball Team's Expenditures of Morris County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$408,0045.1%$7,957,673
2022$396,1415.5%$7,198,984
2021$199,5343.7%$5,378,575
2020$320,0014.8%$6,636,909
2019$359,9144.8%$7,529,182

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