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Thursday, November 21, 2024

Madison County's universities spent $1,102,575 on football teams in 2023

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President Logan Hampton, Ed.D. | Lane College

President Logan Hampton, Ed.D. | Lane College

Madison County's three colleges invested $1,102,575 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 10.4% of all money invested on sport teams at the three colleges in the county during 2023.

The average sports expenses at Madison County have grown 87.3% since 2010.

Lane College stood out as the university in Madison County which received the most football funding during 2023. The institution received $1,102,575 — or 100% of all the money destined to football teams.

College football is one of the biggest sports in the U.S., with some college teams eclipsing NFL teams in terms of attendance and profit.

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.

Football Team's Expenditures in Madison County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,102,57510.4%
2022$1,087,32910.7%
2021$00%
2020$1,200,09412.4%
2019$1,829,71516.4%

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