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Sunday, December 22, 2024

2023 sees Bexar County investing $6,465,406 in men’s basketball teams

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Dr. Salvador Hector Ochoa President | Texas A&M University-San Antonio

Dr. Salvador Hector Ochoa President | Texas A&M University-San Antonio

Bexar County spent $6,465,406 on men’s collegiate basketball teams in 2023, representing an 18.2% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $11,422,031, with men’s teams receiving $6,465,406.

Since 2010, the average sports expenses in Bexar County have grown 145.8%.

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 Bexar County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$6,465,4067.1%$90,603,882
2022$5,469,9397.1%$77,363,300
2021$4,693,9537.7%$60,676,957
2020$5,158,7848.1%$63,317,603
2019$4,917,7017.5%$65,597,829

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