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Thursday, November 21, 2024

Montgomery County's only university spent $5,397,432 on football teams in 2023

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President Mike Licari President | Austin Peay State University

President Mike Licari President | Austin Peay State University

Montgomery County's institution invested $5,397,432 on their football teams in 2023, a 29.3% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 24.3% of all money invested on sport teams at Austin Peay State University during 2023.

The average sports expenses at Montgomery County have grown 198.8% 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.

Football Team's Expenditures in Montgomery County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$5,397,43224.3%
2022$4,174,73125.5%
2021$3,940,93627.8%
2020$4,601,60631.1%
2019$4,129,06828.1%

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