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Friday, November 22, 2024

Charlottesville city's only university spent $29,729,988 on football teams in 2023

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James E. Ryan, President | University of Virginia-Main Campus Ohio State University-Lima Campus

James E. Ryan, President | University of Virginia-Main Campus Ohio State University-Lima Campus

Charlottesville city's institution invested $29,729,988 on their football teams in 2023, a decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 23.6% of all money invested on sport teams at University of Virginia-Main Campus during 2023.

The average sports expenses at Charlottesville city have grown 77.7% 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 Charlottesville city in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$29,729,98823.6%
2022$30,632,86125.3%
2021$23,757,59922.8%
2020$27,576,88626.5%
2019$26,280,85524.1%

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