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Tuesday, October 15, 2024

2023 sees Claiborne County investing $749,038 in men’s basketball teams

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Dr. Tracy Cook President | Alcorn State University

Dr. Tracy Cook President | Alcorn State University

Claiborne County spent $749,038 on men’s collegiate basketball teams in 2023, representing a 17% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,462,749, with the men’s team receiving $749,038.

Since 2010, the average sports expenses in Claiborne County have grown 43.4%.

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 Claiborne County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$749,03810.8%$6,924,619
2022$640,26410.4%$6,159,502
2021$561,30410.7%$5,240,742
2020$548,8639%$6,094,578
2019$533,7437.4%$7,198,196

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