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SW Arkansas Times

Wednesday, December 25, 2024

How much did Sevier County spend on 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's institution invested $179,024 on their basketball teams in 2023, a 58.8% increase over the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 70.8% of all money invested in sports teams in 2023.

The average sports expenses in Sevier County have grown 803.1% since 2011.

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 the 2020–21 school year.

Basketball Team's Expenditures in Sevier County in Last 5 Years
YearBasketball Team's Expenditures% from grand total sport team expenditures
2023$179,02470.8%
2022$112,72698%
2021$76,23496%
2020$84,09695%
2019$00%

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