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Monday, December 23, 2024

Richland County's universities spent $45,244,798 on football teams in 2023

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Roslyn Clark Artis, JD, EdD, President and CEO | Benedict College

Roslyn Clark Artis, JD, EdD, President and CEO | Benedict College

Richland County's five colleges invested $45,244,798 on their football teams in 2023, a 15.1% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 25.9% of all money invested on sport teams at the five colleges in the county during 2023.

The average sports expenses at Richland County have grown 67.6% since 2010.

University of South Carolina-Columbia stood out as the university in Richland County which received the most football funding during 2023. The institution received $42,855,531 — or 94.7% of all the money destined to football teams.

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 Richland County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$45,244,79825.9%
2022$39,303,02525%
2021$44,912,51932.1%
2020$35,643,27024.2%
2019$37,805,15825.3%

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