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Saturday, September 21, 2024

Cole County's only university spent $1,122,495 on football teams in 2023

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Dr. Stevie Lawrence II, Acting President | Lincoln University

Dr. Stevie Lawrence II, Acting President | Lincoln University

Cole County's institution invested $1,122,495 on their football teams in 2023, a 6.8% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 20% of all money invested on sport teams at Lincoln University during 2023.

The average sports expenses at Cole County have grown 64.5% 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 Cole County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,122,49520%
2022$1,050,61721.4%
2021$802,61317.6%
2020$918,79119.8%
2019$1,196,38423.2%

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