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East Panhandle Times

Friday, November 1, 2024

Jefferson County's only university spent $1,720,660 on football teams in 2023

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Mary J.C. Hendrix, Ph.D, President | Shepherd University

Mary J.C. Hendrix, Ph.D, President | Shepherd University

Jefferson County's institution invested $1,720,660 on their football teams in 2023, a 38.1% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 34.1% of all money invested on sport teams at Shepherd University during 2023.

The average sports expenses at Jefferson County have grown 73.6% 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 Jefferson County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,720,66034.1%
2022$1,245,93130.5%
2021$930,01927.7%
2020$1,278,02831.7%
2019$1,346,90531.1%

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