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Saturday, November 23, 2024

How much did Orleans Parish spend on women’s basketball teams in 2023?

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Reynold Verret President | Xavier University of Louisiana

Reynold Verret President | Xavier University of Louisiana

Orleans Parish spent $7,560,015 on women’s collegiate basketball teams in 2023, representing a 71.5% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $17,641,478, with women’s teams receiving $7,560,015.

Since 2010, the average sports expenses in Orleans Parish have grown 134.6%.

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.

Women’s Basketball Team's Expenditures of Orleans Parish Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$7,560,01510.3%$73,399,763
2022$4,406,9847.4%$59,574,782
2021$5,359,32810.4%$51,661,469
2020$5,199,09310.4%$50,031,721
2019$6,266,59511.3%$55,660,105

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