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Baton Rouge Reporter

Wednesday, October 16, 2024

2023 sees East Baton Rouge Parish investing $11,908,956 in men’s basketball teams

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Dennis J. Shields President-Chancellor of Southern University and A & M College | subr.edu

Dennis J. Shields President-Chancellor of Southern University and A & M College | subr.edu

East Baton Rouge Parish spent $11,908,956 on men’s collegiate basketball teams in 2023, representing an 8.7% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $23,314,067, with men’s teams receiving $11,908,956.

Since 2010, the average sports expenses in East Baton Rouge Parish have grown 91.8%.

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 East Baton Rouge Parish Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$11,908,9565.6%$213,510,623
2022$10,952,5455.3%$205,513,311
2021$8,516,2006.8%$125,249,780
2020$10,255,7436%$171,756,247
2019$10,455,9246.5%$159,719,750

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