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Saturday, September 21, 2024

Texas: Jefferson County’s men’s basketball teams budget decreases 5.6% in 2023

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Jaime Taylor President | Lamar University

Jaime Taylor President | Lamar University

Jefferson County spent $1,880,657 on men’s collegiate basketball teams in 2023, representing a 5.6% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $3,117,453, with men’s teams receiving $1,880,657.

Since 2010, the average sports expenses in Jefferson County have grown 110.3%.

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 Jefferson County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,880,6578.5%$22,020,876
2022$1,991,85010.2%$19,577,413
2021$1,657,0649.5%$17,371,112
2020$1,670,6018.6%$19,503,306
2019$1,682,4788.8%$19,155,476

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