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Monday, December 23, 2024

Texas: Bee County’s men’s basketball teams budget increases 7.2% in 2023

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Dr. Justin Hoggard, President | Coastal Bend College

Dr. Justin Hoggard, President | Coastal Bend College

Bee County spent $183,122 on men’s collegiate basketball teams in 2023, representing a 7.2% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $382,461, with the men’s team receiving $183,122.

Since 2010, the average sports expenses in Bee County have grown 787.7%.

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 Bee County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$183,12210.6%$1,727,148
2022$170,79812.8%$1,330,831
2021$136,68911.2%$1,217,799
2020$167,91814.3%$1,175,763
2019$125,77211.3%$1,111,666

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