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Saturday, September 21, 2024

Grady County’s institutions spent $356,138 on men’s basketball teams in 2023

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Dr. Kayla Hale, President | University of Science and Arts of Oklahoma

Dr. Kayla Hale, President | University of Science and Arts of Oklahoma

Grady County spent $356,138 on men’s collegiate basketball teams in 2023, representing a 17.5% decrease from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $734,801, with the men’s team receiving $356,138.

Since 2010, the average sports expenses in Grady County have grown 133.9%.

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.

Men’s Basketball Team's Expenditures of Grady County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$356,1389.5%$3,744,044
2022$431,92811.1%$3,907,441
2021$308,4068.8%$3,508,442
2020$339,74510.2%$3,315,051
2019$384,26510.2%$3,766,003

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