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Hinds Today

Wednesday, October 16, 2024

Mississippi: Hinds County’s men’s basketball teams budget increases 5.8% in 2023

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Dr. Robert W. Pearigen President | Millsaps College

Dr. Robert W. Pearigen President | Millsaps College

Hinds County spent $2,232,237 on men’s collegiate basketball teams in 2023, representing a 5.8% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $4,337,075, with men’s teams receiving $2,232,237.

Since 2010, the average sports expenses in Hinds County have grown 80.2%.

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 Hinds County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$2,232,2377.6%$29,329,835
2022$2,110,8157.3%$28,871,840
2021$1,829,2077.6%$23,993,729
2020$1,882,1947%$26,801,198
2019$1,747,2396.4%$27,339,002

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