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Honolulu Reporter

Thursday, November 21, 2024

2023 sees Honolulu County investing $4,472,314 in men’s basketball teams

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John Y. Gotanda, President | Hawaii Pacific University

John Y. Gotanda, President | Hawaii Pacific University

Honolulu County spent $4,472,314 on men’s collegiate basketball teams in 2023, representing a 15.3% increase from the previous year, according to the U.S. Department of Education.

Overall, basketball teams in the county received a total of $7,567,717, with men’s teams receiving $4,472,314.

Since 2010, the average sports expenses in Honolulu County have grown 110.4%.

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 Honolulu County Over Last 5 Years
YearBasketball team's expenditures% from grand total sport team expendituresTotal Sport Team Expenditures
2023$4,472,3147.6%$58,775,811
2022$3,878,5987.4%$52,261,550
2021$3,221,4717.2%$44,778,918
2020$4,081,9217.7%$52,737,011
2019$4,365,2577.8%$55,969,844

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