Oxford Reporter

Lafayette County's institution invested $20,520,040 on their basketball teams in 2023, an 18.1% increase over the previous year, according to the U.S. Department of Education.

The county’s funding for the basketball teams comprised 15% of all money invested in sports teams in 2023.

The average sports expenses in Lafayette County have grown 211.4% since 2010.

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 the 2020–21 school year.

Year	Basketball Team's Expenditures	% from grand total sport team expenditures
2023	$20,520,040	15%
2022	$17,372,015	14%
2021	$12,661,084	13.3%
2020	$14,427,283	14.6%
2019	$14,113,684	14.6%