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South Cumberland News

Thursday, November 21, 2024

Franklin County's only university spent $895,834 on football teams in 2023

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Robert Wesley Pearigen President The University of the South | new.sewanee.edu

Robert Wesley Pearigen President The University of the South | new.sewanee.edu

Franklin County's institution invested $895,834 on their football teams in 2023, a 39.6% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 19% of all money invested on sport teams at The University of the South during 2023.

The average sports expenses at Franklin County have grown 41.1% 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 Franklin County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$895,83419%
2022$641,74715.1%
2021$471,01812.2%
2020$519,43812.2%
2019$468,36611.7%

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