Lauderdale County spent $1,571,490 on men’s collegiate basketball teams in 2023, representing a 13.9% increase from the previous year, according to the U.S. Department of Education.
Overall, basketball teams in the county received a total of $2,743,098, with the men’s team receiving $1,571,490.
Since 2010, the average sports expenses in Lauderdale County have grown 165.9%.
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.
| Year | Basketball team’s expenditures | % from grand total sport team expenditures | Total Sport Team Expenditures |
|---|---|---|---|
| 2023 | $1,571,490 | 11.3% | $13,955,756 |
| 2022 | $1,379,832 | 11.4% | $12,104,040 |
| 2021 | $1,097,512 | 10.5% | $10,411,246 |
| 2020 | $1,219,144 | 12.3% | $9,935,898 |
| 2019 | $1,159,508 | 10.3% | $11,293,784 |
