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Wednesday, December 4, 2024

Jefferson County's only university spent $485,925 on football teams in 2023

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Dr. Lake Lambert III President | Hanover College

Dr. Lake Lambert III President | Hanover College

Jefferson County's institution invested $485,925 on their football teams in 2023, an 8.2% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 14.4% of all money invested on sport teams at Hanover College during 2023.

The average sports expenses at Jefferson County have grown 46.5% 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$485,92514.4%
2022$448,90913.4%
2021$397,21913.6%
2020$456,31314.9%
2019$421,95715%

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