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Thursday, November 21, 2024

Lancaster County's universities spent $49,068,276 on football teams in 2023

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Rodney D. Bennett, Chancellor | University of Nebraska-Lincoln

Rodney D. Bennett, Chancellor | University of Nebraska-Lincoln

Lancaster County's four colleges invested $49,068,276 on their football teams in 2023, a 47.6% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 29.7% of all money invested on sport teams at the four colleges in the county during 2023.

The average sports expenses at Lancaster County have grown 135.1% since 2010.

University of Nebraska-Lincoln stood out as the university in Lancaster County which received the most football funding during 2023. The institution received $48,692,016 — or 99.2% 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 Lancaster County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$49,068,27629.7%
2022$33,237,20526.1%
2021$23,001,78122.8%
2020$31,890,37126.9%
2019$34,889,95328.7%

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