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Saturday, September 21, 2024

Hidalgo County’s women’s basketball teams receive $1,487,022 in 2023

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Dr. Guy Bailey President | The University of Texas Rio Grande Valley

Dr. Guy Bailey President | The University of Texas Rio Grande Valley

Hidalgo County spent $1,487,022 on women’s collegiate basketball teams in 2023, representing a 6% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $3,460,252, with the women’s team receiving $1,487,022.

Since 2010, the average sports expenses in Hidalgo County have grown 200.8%.

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.

Women’s Basketball Team's Expenditures of Hidalgo County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$1,487,0229.3%$15,997,018
2022$1,402,2869.9%$14,186,649
2021$1,127,3258.5%$13,217,642
2020$1,112,3908.8%$12,682,715
2019$1,269,9679.8%$12,920,744

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