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Friday, November 22, 2024

Arkansas: Clark County’s men’s basketball teams budget decreases in 2023

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Dr. Ben R. Sells, President | Ouachita Baptist University

Dr. Ben R. Sells, President | Ouachita Baptist University

Clark County spent $1,032,653 on men’s collegiate basketball teams in 2023, representing a 1.6% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,930,738, with men’s teams receiving $1,032,653.

Since 2010, the average sports expenses in Clark County have grown 75.5%.

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 Clark County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,032,6537.2%$14,438,416
2022$1,049,5528.6%$12,234,940
2021$919,8798.4%$10,997,739
2020$1,032,4239.4%$11,021,675
2019$892,9688.2%$10,853,078

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