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Saturday, November 23, 2024

Pike County’s institutions spent $264,995 on men’s basketball teams in 2023

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Steven Bishop, Ph.D. President | Southwest Mississippi Community College

Steven Bishop, Ph.D. President | Southwest Mississippi Community College

Pike County spent $264,995 on men’s collegiate basketball teams in 2023, representing a 7.6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $555,843, with the men’s team receiving $264,995.

Since 2010, the average sports expenses in Pike County have grown 103.7%.

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 Pike County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$264,9958.6%$3,064,223
2022$246,1988.7%$2,823,805
2021$237,6109%$2,635,916
2020$257,20910.5%$2,460,710
2019$264,48710.9%$2,436,605

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