Quantcast

Dallas City Wire

Thursday, November 21, 2024

Texas: Dallas County’s men’s basketball teams budget increases 23.8% in 2023

Webp bvailalu0cqmldlvwsq6i4ly1lba

Dr. Michael J. Sorrell President | Paul Quinn College

Dr. Michael J. Sorrell President | Paul Quinn College

Dallas County spent $13,227,882 on men’s collegiate basketball teams in 2023, representing a 23.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $18,733,580, with men’s teams receiving $13,227,882.

Since 2010, the average sports expenses in Dallas County have grown 91.8%.

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 Dallas County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$13,227,88212.2%$108,479,437
2022$10,683,45710.2%$104,327,887
2021$9,234,80410.6%$86,846,417
2020$8,860,20710.5%$84,354,616
2019$8,995,38610.5%$85,962,935

MORE NEWS