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Charleston Reporter

Friday, November 22, 2024

2023: How much was spent on women’s basketball teams from Charleston County?

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Keith Faulkner, JD, LLM, MBA President | Charleston Southern University

Keith Faulkner, JD, LLM, MBA President | Charleston Southern University

Charleston County spent $3,024,390 on women’s collegiate basketball teams in 2023, representing a 5% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $10,705,310, with women’s teams receiving $3,024,390.

Since 2010, the average sports expenses in Charleston County have grown 69%.

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 Charleston County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$3,024,3905.8%$52,210,724
2022$2,880,8965.6%$51,694,092
2021$2,482,3865.6%$44,468,306
2020$2,790,8145.9%$47,256,505
2019$2,483,9775.2%$47,804,548

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