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
| Year | Football Team’s Expenditures | % from grand total sport team expenditures |
|---|---|---|
| 2023 | $7,943,901 | 28.1% |
| 2022 | $6,133,980 | 24.2% |
| 2021 | $5,208,310 | 25.1% |
| 2020 | $7,209,428 | 22.4% |
| 2019 | $8,186,577 | 23% |
