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SW Arkansas Times

Thursday, October 3, 2024

Sevier County’s institutions spent $91,002 on men’s basketball teams in 2023

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Chancellor Steve Cole | Cossatot Community College of the University of Arkansas

Chancellor Steve Cole | Cossatot Community College of the University of Arkansas

Sevier County spent $91,002 on men’s collegiate basketball teams in 2023, representing a 48.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $179,024, with the men’s team receiving $91,002.

Since 2011, the average sports expenses in Sevier County have grown 803.1%.

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 Sevier County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$91,00236%$252,972
2022$61,32653.3%$114,992
2021$42,29553.2%$79,434
2020$42,04847.5%$88,477
2019N/AN/AN/A

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