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Friday, September 20, 2024

Oakland County's universities spent $2,850,539 on football teams in 2023

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Dr. Brian Stogner President, Professor of Psychology | Rochester University

Dr. Brian Stogner President, Professor of Psychology | Rochester University

Oakland County's four colleges invested $2,850,539 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 8.5% of all money invested on sport teams at the four colleges in the county during 2023.

The average sports expenses at Oakland County have grown 116.3% since 2010.

Lawrence Technological University stood out as the university in Oakland County which received the most football funding during 2023. The institution received $2,850,539 — or 100% of all the money destined to football teams.

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 Oakland County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$2,850,5398.5%
2022$2,826,5118.2%
2021$2,137,1477%
2020$1,444,8995.5%
2019$1,460,4495.9%

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