Quantcast

Philly Leader

Sunday, December 22, 2024

Philadelphia County's universities spent $28,202,802 on football teams in 2023

Webp 5d6rmbyincoigfx3oqqayx9f1020

Anne M. Prisco, Ph.D. President | Holy Family University

Anne M. Prisco, Ph.D. President | Holy Family University

Philadelphia County's nine colleges invested $28,202,802 on their football teams in 2023, a 12.3% decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 14.6% of all money invested on sport teams at the nine colleges in the county during 2023.

The average sports expenses at Philadelphia County have grown 62.6% since 2010.

Temple University stood out as the university in Philadelphia County which received the most football funding during 2023. The institution received $24,903,896 — or 88.3% 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 Philadelphia County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$28,202,80214.6%
2022$32,167,16317.1%
2021$19,629,84412.5%
2020$27,280,58215.4%
2019$28,021,16915.5%

MORE NEWS