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Thursday, November 21, 2024

Jefferson County's only university spent $1,637,711 on football teams in 2023

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Charles A. Fowler President | Carson-Newman University

Charles A. Fowler President | Carson-Newman University

Jefferson County's institution invested $1,637,711 on their football teams in 2023, a 9.9% decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 15% of all money invested on sport teams at Carson-Newman University during 2023.

The average sports expenses at Jefferson County have grown 203.7% since 2010.

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 Jefferson County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,637,71115%
2022$1,817,91516.8%
2021$1,618,33816.4%
2020$1,850,40918.5%
2019$1,853,61118.7%

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