Wednesday, March 9, 2022

WalletHub: Denver Is 2022’s 4th Worst Large City for College Basketball Fans

Source: WalletHub
With March Madness less than a week away, the personal-finance website WalletHub today released its March Madness Stats & Facts infographic, as well as its report on 2022’s Best Cities for College Basketball Fans (with accompanying videos and expert commentary), to help get hoops lovers psyched for this magical time of year.

To find 2022’s top spots for NCAA hoops, WalletHub crunched the numbers on more than 290 cities using nine key metrics. They range from the number of teams per city and the winning percentage of each to stadium capacity and social-media engagement.  

Denver as a College Hoops Haven (1=Best, 145=Avg.):
  • 286th – Winning Percentage
  • 220th – Conference Championships
  • 142nd – Min. Season-Ticket Price
  • 291st – Social-Media Engagement
  • 275th – Stadium Capacity
Denver ranks 275th overall and 55th among large cities.

For the full report, please visit:
http://wallethub.com/edu/best-cities-for-college-basketball/32944

March Madness Stats & Facts
  • $13.8B: Corporate losses due to unproductive workers during March Madness.
     
  • $1.16B: Annual revenue for the NCAA in 2021, more than double the amount earned in 2020 and toping pre-pandemic revenues ($1.12B).
     
  • $8.1M: Salary for college basketball’s highest paid coach, Kentucky’s John Calipari (vs. $1.2M combined for University of Kentucky’s president and the state’s governor).
     
  • 46X: Difference between the average NBA rookie’s salary ($3.3M) and a D1 men’s athlete basketball scholarship for a year ($71.4K).
     
  • $10B: Estimated amount wagered on the 2022 NCAA tournament (roughly 30% more than the amount wagered on Super Bowl).