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Saturday, November 23, 2024

Craighead County's only university spent $8,952,854 on football teams in 2023

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Dr. Chuck Welch President | Arkansas State University

Dr. Chuck Welch President | Arkansas State University

Craighead County's institution invested $8,952,854 on their football teams in 2023, a 21.3% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 36.3% of all money invested on sport teams at Arkansas State University during 2023.

The average sports expenses at Craighead County have grown 115.6% 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 Craighead County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$8,952,85436.3%
2022$7,377,78135.1%
2021$5,601,49431.2%
2020$7,208,16634.5%
2019$7,789,94537.6%

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