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Thursday, November 21, 2024

Garland County's institutions spent $434,022 on basketball teams in 2023

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Dr. Eric Capaci President of Champion Christian College | champion.edu

Dr. Eric Capaci President of Champion Christian College | champion.edu

Garland County's two universities invested $434,022 on their basketball teams in 2023, a 17.1% decrease from the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 40.8% of all money invested in sports teams in 2023.

The average sports expenses in Garland County have grown 469% since 2019.

National Park College stood out as the university in Garland County that received the most basketball funding during 2023. The institution received $231,061 - or 53.2% of all the money destined to basketball teams.

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 the 2020–21 school year.

Basketball Team's Expenditures in Garland County in Last 5 Years
YearBasketball Team's Expenditures% from grand total sport team expenditures
2023$434,02240.8%
2022$523,32238.6%
2021$290,07549.8%
2020$310,13255.5%
2019$48,20451.6%

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