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Thursday, November 21, 2024

Mercer County's men's football teams receive $3,111,749 in 2023

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Dr. Kendra S. Boggess President | Concord University

Dr. Kendra S. Boggess President | Concord University

Mercer County spent $3,111,749 on men's collegiate football teams in 2023, an increase of 14% over the previous year, according to the U.S. Department of Education.

This translates to roughly 29.8% of all spending for sports teams at the two universities in the county during the 2023 season.

The average sports expenses at Mercer County have grown 148.2% 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.

Men's Football Team's Expenditures in Mercer County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$3,111,74929.8%
2022$2,729,26529%
2021$1,233,29023.1%
2020$1,245,39823%
2019$1,216,63122.9%

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