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Sunday, December 22, 2024

Wayne County's universities spent $3,787,360 on football teams in 2023

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Kimberly Andrews Espy, Ph.D. President | Wayne State University

Kimberly Andrews Espy, Ph.D. President | Wayne State University

Wayne County's seven colleges invested $3,787,360 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 10.1% of all money invested on sport teams at the seven colleges in the county during 2023.

The average sports expenses at Wayne County have grown 48.1% since 2010.

Wayne State University stood out as the university in Wayne County which received the most football funding during 2023. The institution received $2,382,013 — or 62.9% 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 Wayne County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$3,787,36010.1%
2022$3,719,60610%
2021$3,148,5829.6%
2020$3,134,9128%
2019$2,251,7916.4%

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