Quantcast

South Tidewater News

Thursday, April 3, 2025

Virginia Beach city's basketball teams receive $1,268,424 in 2023

Webp j7ajp940a8tpmsctu8d5re7t7j9d

Gordon Robertson, Chancellor | Central Pennsylvania Institute of Science and Technology

Gordon Robertson, Chancellor | Central Pennsylvania Institute of Science and Technology

Virginia Beach city's three universities invested $1,268,424 on their basketball teams in 2023, a 9.2% decrease from the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 18.5% of all money invested in sports teams in 2023.

The average sports expenses in Virginia Beach city have grown 21.1% since 2010.

Bryant & Stratton College-Virginia Beach stood out as the university in Virginia Beach city that received the most basketball funding during 2023. The institution received $602,474 - or 47.5% of all the money destined to basketball teams.

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.

Basketball Team's Expenditures in Virginia Beach city in Last 5 Years
YearBasketball Team's Expenditures% from grand total sport team expenditures
2023$1,268,42418.5%
2022$1,397,61422.3%
2021$1,179,94022.6%
2020$1,123,51722.3%
2019$1,119,29321.3%

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS