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Burlington Reporter

Thursday, November 21, 2024

Alamance County's only university spent $6,771,092 on football teams in 2023

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Dr. Constance “Connie” Ledoux Book President | Elon University

Dr. Constance “Connie” Ledoux Book President | Elon University

Alamance County's institution invested $6,771,092 on their football teams in 2023, a 14.1% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 20.1% of all money invested on sport teams at Elon University during 2023.

The average sports expenses at Alamance County have grown 107.1% 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.

Football Team's Expenditures in Alamance County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$6,771,09220.1%
2022$5,936,51219.3%
2021$5,386,65820%
2020$5,922,65019.5%
2019$6,043,14519.3%

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