The University of Texas at San Antonio spent $2,834,805 on its men’s basketball teams in 2024, which is $1,311,318 more than the state average of $1,523,487, based on information from the U.S. Department of Education.
This spending represented 5.8% of the university’s total athletic expenditures in 2024.
UTSA has raised its overall sports spending by 273.9% since 2010.
Alongside football, basketball remains a leading college sport in the U.S., drawing significant fan interest and TV viewership that at times rivals the NBA. Major events like March Madness engage millions of spectators yearly.
Collegiate sports have shifted to allow direct athlete compensation after a federal settlement enabled schools to share revenue directly with players for the first time. The settlement also compels the NCAA to distribute $2.8 billion in back damages over the coming decade to athletes who participated from 2016 forward.
By 2022, ongoing legal and legislative initiatives also meant athletes could earn money through their names, images and likenesses thanks to changes in state laws and NCAA policies.
The NCAA made approximately $900 million in fiscal year 2024 from media rights related to March Madness and the Division I men’s basketball tournament, establishing basketball as its top revenue stream.
| Year | Basketball team’s expenditures | % from grand total sport team expenditures |
|---|---|---|
| 2020 | $2,398,192 | 8% |
| 2021 | $2,100,125 | 7.5% |
| 2022 | $2,528,601 | 6.7% |
| 2023 | $2,681,468 | 6% |
| 2024 | $2,834,805 | 5.8% |
