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Thursday, November 21, 2024

Mobile County’s institutions spent $4,005,846 on men’s basketball teams in 2023

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Josiah (Jo) Robins Bonner, Jr. President | University of South Alabama

Josiah (Jo) Robins Bonner, Jr. President | University of South Alabama

Mobile County spent $4,005,846 on men’s collegiate basketball teams in 2023, representing a 9.1% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $6,838,380, with men’s teams receiving $4,005,846.

Since 2010, the average sports expenses in Mobile County have grown 101.9%.

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 Mobile County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$4,005,8469.2%$43,614,879
2022$3,672,0529.9%$37,230,100
2021$3,294,2838.7%$37,978,993
2020$3,407,5099.7%$35,095,225
2019$3,285,3458.7%$37,763,866

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