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Monmouth Times

Friday, November 22, 2024

Monmouth County's men's football teams receive $6,272,313 in 2023

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Patrick F. Leahy, Ed.D. - Monmouth University President | Monmouth University

Patrick F. Leahy, Ed.D. - Monmouth University President | Monmouth University

Monmouth County spent $6,272,313 on men's collegiate football teams in 2023, an increase of 0.7% over the previous year, according to the U.S. Department of Education.

This translates to roughly 20% of all spending for sports teams at the two universities in the county during the 2023 season.

The average sports expenses at Monmouth County have grown 152.4% 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.

Men's Football Team's Expenditures in Monmouth County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$6,272,31320%
2022$6,231,64120.2%
2021$5,431,52120.7%
2020$6,319,31920.9%
2019$5,215,21919.7%

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