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El Paso Standard

Thursday, November 21, 2024

Texas: El Paso County’s men’s basketball teams budget increases 26.2% in 2023

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Heather Wilson President | The University of Texas at El Paso

Heather Wilson President | The University of Texas at El Paso

El Paso County spent $4,012,116 on men’s collegiate basketball teams in 2023, representing a 26.2% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $5,971,669, with men’s teams receiving $4,012,116.

Since 2010, the average sports expenses in El Paso County have grown 32.1%.

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 El Paso County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$4,012,11612.6%$31,851,113
2022$3,178,12712.1%$26,285,307
2021$3,534,34612.9%$27,387,698
2020$3,380,98311.3%$29,873,082
2019$4,247,85012.3%$34,601,767

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