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Saturday, September 21, 2024

Bowie County’s institutions spent $301,188 on men’s basketball teams in 2023

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Ross Alexander, PhD President | Texas A&M University-Texarkana

Ross Alexander, PhD President | Texas A&M University-Texarkana

Bowie County spent $301,188 on men’s collegiate basketball teams in 2023, representing a 19.1% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $570,552, with the men’s team receiving $301,188.

Since 2015, the average sports expenses in Bowie County have grown 1,006.2%.

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 Bowie County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$301,18813.2%$2,288,984
2022$252,79213.5%$1,871,578
2021$220,52316.2%$1,364,724
2020$221,04818.3%$1,211,113
2019$00%$794,009

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