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Pulaski Times

Wednesday, October 2, 2024

2023 sees Pulaski County investing $2,676,157 in men’s basketball teams

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Dr. Cynthia A. Bond Hopson, President | Philander Smith College

Dr. Cynthia A. Bond Hopson, President | Philander Smith College

Pulaski County spent $2,676,157 on men’s collegiate basketball teams in 2023, representing a 3.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,716,369, with men’s teams receiving $2,676,157.

Since 2010, the average sports expenses in Pulaski County have grown 68.7%.

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 Pulaski County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$2,676,15716.7%$16,051,083
2022$2,588,29116.4%$15,749,877
2021$2,207,58516.2%$13,624,911
2020$2,468,33018.7%$13,199,179
2019$2,469,55117%$14,509,376

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