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Lafayette Reporter

Saturday, November 16, 2024

Acadia Parish’s institutions spent $236,575 on men’s basketball teams in 2023

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LSUE Chancellor Nancee Sorenson | Louisiana State University-Eunice

LSUE Chancellor Nancee Sorenson | Louisiana State University-Eunice

Acadia Parish spent $236,575 on men’s collegiate basketball teams in 2023, representing a 4.4% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $429,892, with the men’s team receiving $236,575.

Since 2010, the average sports expenses in Acadia Parish have grown 171.6%.

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 Acadia Parish Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$236,57514.5%$1,633,544
2022$226,63713.2%$1,716,121
2021$198,10312.7%$1,564,118
2020$192,27613.4%$1,430,474
2019$234,89413.6%$1,728,014

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