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Monday, December 23, 2024

2023 sees Hale County investing $515,514 in men’s basketball teams

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Dr. Bobby Hall President | Wayland Baptist University

Dr. Bobby Hall President | Wayland Baptist University

Hale County spent $515,514 on men’s collegiate basketball teams in 2023, representing a 3.5% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,055,160, with the men’s team receiving $515,514.

Since 2010, the average sports expenses in Hale County have grown 117.2%.

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 Hale County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$515,5147.9%$6,563,979
2022$497,9107.4%$6,685,162
2021$426,2496.9%$6,175,577
2020$483,9047.5%$6,435,619
2019$488,1317.9%$6,166,643

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