Quantcast

North Columbus News

Friday, November 15, 2024

Franklin County's universities spent $74,576,362 on football teams in 2023

Webp w3vleg9059keymq440grvjihhu29

Michael A. Grandillo, Ph.D. Interim President | Ohio Dominican University

Michael A. Grandillo, Ph.D. Interim President | Ohio Dominican University

Franklin County's four colleges invested $74,576,362 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 30.4% of all money invested on sport teams at the four colleges in the county during 2023.

The average sports expenses at Franklin County have grown 166.7% since 2010.

Ohio State University-Main Campus stood out as the university in Franklin County which received the most football funding during 2023. The institution received $72,409,506 — or 97.1% 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 Franklin County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$74,576,36230.4%
2022$71,111,08932.3%
2021$45,717,33930.5%
2020$54,918,93427.5%
2019$62,328,16129.5%

MORE NEWS