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San Antonio Standard

Sunday, November 17, 2024

Bexar County's institutions spent $11,422,031 on basketball teams in 2023

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John M. Bury | University of the Incarnate Word

John M. Bury | University of the Incarnate Word

Bexar County's five universities invested $11,422,031 on their basketball teams in 2023, a 13.9% increase over the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 12.8% of all money invested in sports teams in 2023.

The average sports expenses in Bexar County have grown 190.3% since 2010.

The University of Texas in San Antonio stood out as the university in Bexar County that received the most basketball funding during 2023. The institution received $4,951,606 - or 43.4% 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 Bexar County in Last 5 Years
YearBasketball Team's Expenditures% from grand total sport team expenditures
2023$11,422,03112.8%
2022$10,029,51113.2%
2021$8,203,53413.6%
2020$8,904,26214.1%
2019$8,744,62513.3%

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