President Makola M. Abdullah, Ph.D. | Virginia State University
President Makola M. Abdullah, Ph.D. | Virginia State University
The county’s funding for the basketball teams comprised 19.8% of all money invested in sports teams in 2023.
The average sports expenses in Chesterfield County have grown 101.3% 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 | $1,595,088 | 19.8% |
| 2022 | $1,245,394 | 21% |
| 2021 | $0 | 0% |
| 2020 | $1,138,213 | 20.2% |
| 2019 | $1,294,520 | 21.1% |
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