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Thursday, November 21, 2024

Pontotoc County’s institutions spent $339,991 on men’s basketball teams in 2023

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Wendell Godwin, President | East Central University

Wendell Godwin, President | East Central University

Pontotoc County spent $339,991 on men’s collegiate basketball teams in 2023, representing a 3.4% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $622,864, with the men’s team receiving $339,991.

Since 2010, the average sports expenses in Pontotoc County have grown 58.1%.

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 Pontotoc County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$339,9918.4%$4,032,299
2022$351,84210.2%$3,465,245
2021$341,0259.6%$3,537,587
2020$333,49010.8%$3,086,568
2019$356,40511.1%$3,216,699

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