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Thursday, November 21, 2024

Arkansas: Garland County’s men’s basketball teams budget decreases 23% in 2023

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John Hogan, President | National Park College

John Hogan, President | National Park College

Garland County spent $254,813 on men’s collegiate basketball teams in 2023, representing a 23% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $434,022, with men’s teams receiving $254,813.

Since 2019, the average sports expenses in Garland County have grown 469%.

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 Garland County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$254,81324%$1,063,815
2022$330,72324.4%$1,355,125
2021$156,33226.9%$581,964
2020$179,78732.2%$558,994
2019$48,20451.6%$93,483

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