Quantcast

Indy Standard

Thursday, September 19, 2024

Marion County's universities spent $6,918,337 on football teams in 2023

Webp y7cwigq1rdw28gri2ha03i89ctf6

Tanuja Singh, President, University of Indianapolis | University of Indianapolis

Tanuja Singh, President, University of Indianapolis | University of Indianapolis

Marion County's four colleges invested $6,918,337 on their football teams in 2023, a 19.3% decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 9.1% of all money invested on sport teams at the four colleges in the county during 2023.

The average sports expenses at Marion County have grown 145.3% since 2010.

Marian University stood out as the university in Marion County which received the most football funding during 2023. The institution received $2,894,167 — or 41.8% 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 Marion County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$6,918,3379.1%
2022$8,574,69310.7%
2021$6,118,39810.3%
2020$6,699,5199.9%
2019$6,140,4699.1%

MORE NEWS