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Friday, November 8, 2024

Smith County's men's football teams receive $1,289,349 in 2023

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Dwight J. Fennell, Sr., President | Texas College

Dwight J. Fennell, Sr., President | Texas College

Smith County spent $1,289,349 on men's collegiate football teams in 2023, an increase of 4.4% over the previous year, according to the U.S. Department of Education.

This translates to roughly 8.8% of all spending for sports teams at the three universities in the county during the 2023 season.

The average sports expenses at Smith County have grown 175% 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 Smith County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,289,3498.8%
2022$1,235,0789.3%
2021$778,8587.7%
2020$1,053,9679.3%
2019$1,048,35311.2%

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