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Thursday, November 21, 2024

2023 sees Lancaster County investing $49,068,276 in men's football teams

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

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

Lancaster County spent $49,068,276 on men's collegiate football teams in 2023, an increase of 47.6% over the previous year, according to the U.S. Department of Education.

This translates to roughly 29.7% of all spending for sports teams at the four universities in the county during the 2023 season.

The average sports expenses at Lancaster County have grown 135.1% 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 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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