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Saturday, November 23, 2024

2023 sees Forrest County investing $2,623,350 in men’s basketball teams

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Ben C. Burnett President and CEO | William Carey University

Ben C. Burnett President and CEO | William Carey University

Forrest County spent $2,623,350 on men’s collegiate basketball teams in 2023, representing a 0.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,693,524, with men’s teams receiving $2,623,350.

Since 2010, the average sports expenses in Forrest County have grown 61.8%.

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 Forrest County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$2,623,3507.5%$34,903,575
2022$2,611,6358.2%$32,034,696
2021$2,229,0307.8%$28,656,120
2020$2,415,7698.5%$28,568,501
2019$2,865,07510.1%$28,414,594

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