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Akron Reporter

Saturday, November 16, 2024

Summit County's only university spent $7,943,901 on football teams in 2023

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Gary L. Miller, Ph.D., President | University of Akron Main Campus

Gary L. Miller, Ph.D., President | University of Akron Main Campus

Summit County's institution invested $7,943,901 on their football teams in 2023, a 29.5% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 28.1% of all money invested on sport teams at University of Akron Main Campus during 2023.

The average sports expenses at Summit County have grown 22.9% 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 Summit County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$7,943,90128.1%
2022$6,133,98024.2%
2021$5,208,31025.1%
2020$7,209,42822.4%
2019$8,186,57723%

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