March Madness Stats & Facts + 2023’s Best Cities for College Basketball Fans

With March Madness just a week away, the personal-finance website WalletHub today released its March Madness Stats & Facts infographic, as well as its report on 2023’s Best Cities for College Basketball Fans (with expert commentary), to help get hoops lovers psyched for this magical time of year.

To find 2023’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.  

Best Cities for College Hoops FansWorst Cities for College Hoops Fans
1. Durham, NC286. Wichita, KS
2. Lawrence, KS287. Austin, TX
3. Storrs, CT288. Commerce, TX
4. Lexington, KY289. Bethlehem, PA
5. Los Angeles, CA290. Dover, DE
6. East Lansing, MI291. Berkeley, CA
7. Philadelphia, PA292. Pocatello, ID
8. Chapel Hill, NC293. Daytona Beach, FL
9. Fayette, MS294. Easton, MA
10. Loretto, PA295. New Britain, CT

To read the full report and to see where your city ranks, please visit: 
http://wallethub.com/edu/best-cities-for-college-basketball/32944

March Madness Stats & Facts

  • $16.3B: Corporate losses due to unproductive workers during March Madness.
     
  • $1.14B: Annual revenue for the NCAA in 2022, more than double the amount earned in 2020 and toping pre-pandemic revenues ($1.12B).
     
  • $10.2M: Salary for college basketball’s highest paid coach, Kansas’s Bill Self (vs. $710.7K combined for University of Kansas’s chancellor and the state’s governor).
     
  • 47X: Difference between the average NBA rookie’s salary ($3.4M) and a D1 men’s athlete basketball scholarship for a year ($71.4K).

To see all the stats and the full infographic, please visit:
https://wallethub.com/blog/march-madness-statistics/11016