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South Georgia Times

Friday, November 22, 2024

Thomas County’s institutions spent $343,293 on men’s basketball teams in 2023

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President J. Andrew Sheppard | Thomas University Center for Military Life

President J. Andrew Sheppard | Thomas University Center for Military Life

Thomas County spent $343,293 on men’s collegiate basketball teams in 2023, representing a 16.3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $515,727, with the men’s team receiving $343,293.

Since 2010, the average sports expenses in Thomas County have grown 184%.

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 Thomas County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$343,2939.8%$3,496,447
2022$295,10610.8%$2,739,546
2021$295,0429.8%$3,013,119
2020$295,04211%$2,691,357
2019$403,32812%$3,372,982

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