Global poverty appears to be a daunting problem. With numerous countries facing high rates of homelessness, economic instability and high child mortality rates, feasible solutions may seem out of reach. However, the cost of fixing poverty with solutions such as building water wells is not an astronomical figure. It actually costs about as much as one of America’s favorite pastimes: the NBA Disney season.
The Cost of a Season
The outbreak of COVID-19 forced the NBA season to go on hiatus. It only recently reopened — this time, in Walt Disney World. The NBA is paying Walt Disney World $1.5 million per day to host 22 professional basketball teams, totaling more than $150 million for the entire Disney season. The season includes eight missed, regular-season games and then playoffs. The overall cost covers essentials such as housing, courts, meals, COVID-19 testing, transportation, entertainment, medical support and security for the players and staff. When asked about the cost, Adam Silver, the NBA Commissioner, stated that it certainly was not economical for the league but that they felt an obligation to have a season.
The Cost of Poverty
With a total value of about $8 billion per year, the NBA’s usual revenue is about 20% of President Trump’s 2021 request for the USAID budget — which is about $41 billion. This request makes it clear that solving global poverty is not quite as big a task as it might seem. For example, the Bill & Melinda Gates Foundation spent $150 million in grants to provide hepatitis B vaccines to 4 million children. For 600,000 of these children, this was their first time receiving a vaccination. However, the foundation’s grant is equivalent to the $150-million 2020 NBA season in Disney World.
The cost of the 2020 NBA season could also make a dramatic difference in the lives of people in countries such as Afghanistan, many of whom do not have access to clean water. The average cost of installing a water well is $8,000, although it can range from $1,700 to $30,000 depending on the location and difficulty of construction. Taking the price of an average well, $150 million could provide about 19,000 wells — each of which could serve roughly 2,000 people.
Who Would Benefit and How?
Access to clean water saves millions of lives and produces a series of solutions to poverty. Increasing access to safe water can prevent child and adult deaths from diseases such as diarrhea, malaria and malnutrition. With 19,000 wells serving about 2,000 people each, approximately 38 million people would benefit from the same amount of money that the NBA used for the end of their 2020 season. The poorest city in the world, Kabul, Afghanistan, has a population of 4.38 million people. An investment in wells equivalent to the 2020 NBA season would not only grant access to clean, safe water for all of Kabul’s population but to all of Afghanistan’s population of 37.17 million people.
A Comparison for Thought: The Cost of Fixing Poverty
The NBA season holds a lot of value to people in the United States, and it is clearly not the NBA’s responsibility to provide money for foreign aid. What the 2020 NBA season proved, however, is that the cost of fixing poverty is comparable to the cost of leisure and athletic entertainment. Understanding that the same NBA budget of $150 million could serve 38 million people makes the cost of fixing poverty a bit more concrete. Hopefully, this enables policy-makers and policy influencers in the United States to prioritize foreign aid.
– Alyssa Hogan