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Thursday, November 21, 2024

Natchitoches Parish’s institutions spent $1,099,782 on men’s basketball teams in 2023

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Dr. Marcus Jones President | Northwestern State University of Louisiana

Dr. Marcus Jones President | Northwestern State University of Louisiana

Natchitoches Parish spent $1,099,782 on men’s collegiate basketball teams in 2023, representing an 11.9% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $1,903,466, with the men’s team receiving $1,099,782.

Since 2010, the average sports expenses in Natchitoches Parish have grown 24.7%.

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 Natchitoches Parish Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,099,78210.2%$10,802,623
2022$1,247,82110.6%$11,812,575
2021$862,52210.1%$8,510,436
2020$1,043,9638.9%$11,764,041
2019$1,132,8409.5%$11,908,037

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