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Fayetteville Standard

Friday, November 22, 2024

Washington County's only university spent $53,940,683 on football teams in 2023

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Charles F. Robinson Chancellor | University of Arkansas

Charles F. Robinson Chancellor | University of Arkansas

Washington County's institution invested $53,940,683 on their football teams in 2023, a 17.3% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 31.5% of all money invested on sport teams at University of Arkansas during 2023.

The average sports expenses at Washington County have grown 138.1% 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 Washington County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$53,940,68331.5%
2022$45,994,95031%
2021$34,383,74530.8%
2020$43,552,59035%
2019$43,162,67032.4%

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