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Saturday, November 23, 2024

Rowan County's universities spent $3,031,288 on football teams in 2023

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Dr. Anthony J. Davis, President of the Livingstone College | Livingstone College

Dr. Anthony J. Davis, President of the Livingstone College | Livingstone College

Rowan County's two colleges invested $3,031,288 on their football teams in 2023, a 20.8% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 21.8% of all money invested on sport teams at the two colleges in the county during 2023.

The average sports expenses at Rowan County have grown 85.1% since 2010.

Catawba College stood out as the university in Rowan County which received the most football funding during 2023. The institution received $2,113,157 — or 69.7% 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 Rowan County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$3,031,28821.8%
2022$2,509,56822.4%
2021$1,501,65314.4%
2020$2,535,66722.7%
2019$2,888,87025.3%

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