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Thursday, November 7, 2024

Madison County's men's football teams receive $5,994,389 in 2023

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Dr. David T. McFaddin President | Eastern Kentucky University

Dr. David T. McFaddin President | Eastern Kentucky University

Madison County spent $5,994,389 on men's collegiate football teams in 2023, an increase of 22% over the previous year, according to the U.S. Department of Education.

This translates to roughly 24% of all spending for sports teams at the two universities in the county during the 2023 season.

The average sports expenses at Madison County have grown 103.6% 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.

Men's Football Team's Expenditures in Madison County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$5,994,38924%
2022$4,914,16523.7%
2021$4,836,61826.2%
2020$4,261,35624.7%
2019$4,163,86524.1%

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