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Saturday, November 16, 2024

Madison County's only university spent $440,107 on football teams in 2023

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John S. Pistole President | Anderson University

John S. Pistole President | Anderson University

Madison County's institution invested $440,107 on their football teams in 2023, a 17.1% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 13% of all money invested on sport teams at Anderson University during 2023.

The average sports expenses at Madison County have grown 135.5% 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 Madison County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$440,10713%
2022$375,96412.5%
2021$318,33314.1%
2020$361,39613.1%
2019$376,76713.2%

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