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SW Arkansas Times

Thursday, December 26, 2024

Arkansas: Calhoun County’s men’s basketball teams budget decreases 45.1% in 2023

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Dr. Jerry Thomas Southern Arkansas University Tech Chancellor | Southern Arkansas University Tech

Dr. Jerry Thomas Southern Arkansas University Tech Chancellor | Southern Arkansas University Tech

Calhoun County spent $125,569 on men’s collegiate basketball teams in 2023, representing a 45.1% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $239,366, with the men’s team receiving $125,569.

Since 2019, the average sports expenses in Calhoun County have grown 89.1%.

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 2020–21.

Men’s Basketball Team's Expenditures of Calhoun County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$125,56915%$838,417
2022$228,53448%$476,087
2021$151,09241.3%$365,566
2020$165,46138.5%$430,218
2019$180,00040.6%$443,403