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SW Arkansas Times

Thursday, November 21, 2024

Union County’s institutions spent $82,288 on men’s basketball teams in 2023

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Steve Cousins Chairman | South Arkansas Community College

Steve Cousins Chairman | South Arkansas Community College

Union County spent $82,288 on men’s collegiate basketball teams in 2023, representing a 72.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $142,543, with the men’s team receiving $82,288.

Since 2020, the average sports expenses in Union County have grown 435.4%.

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 Union County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$82,28819.4%$424,169
2022$47,63415.2%$314,125
2021$59,43148.3%$123,139
2020$72,93792.1%$79,230
2019N/AN/AN/A

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