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Thursday, November 21, 2024

Prince Edward County's universities spent $1,012,115 on football teams in 2023

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W. Taylor Reveley IV, President | Longwood University

W. Taylor Reveley IV, President | Longwood University

Prince Edward County's two colleges invested $1,012,115 on their football teams in 2023, a decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 5.4% of all money invested on sport teams at the two colleges in the county during 2023.

The average sports expenses at Prince Edward County have grown 39.4% since 2010.

Hampden-Sydney College stood out as the university in Prince Edward County which received the most football funding during 2023. The institution received $1,012,115 — or 100% 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 Prince Edward County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,012,1155.4%
2022$1,041,5286.6%
2021$677,4084.7%
2020$828,3835.8%
2019$995,2857%

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