The cost of winning: Does athletic expenditure impact the probability that teams advance to the NCAA Division I Basketball Tournament? A comparison of men’s and women’s outcomes

Laura Beaudin and Aziz N. Berdiev

Applied Economics, 2022, vol. 54, issue 36, 4154-4169

Abstract: We estimate the relationship between Division I NCAA basketball program expenditure and team success. Results indicate that increases in expenditure are significantly associated with increases in the probability that teams advance to the end-of-season tournament. However, an increase in expenditure impacts teams differently across the division. Specifically, those teams which spend the least on their basketball programs have the most to gain. Results also suggest that increases in team expenditure impact women’s teams more than men’s teams. Given that the women’s league is less competitive, these results might imply that a more balanced expenditure could lead to a more competitive league.

Date: 2022
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DOI: 10.1080/00036846.2021.2022092

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