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Memphis Standard

Thursday, November 21, 2024

Shelby County's men's football teams receive $20,661,446 in 2023

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David L. Archer President | Christian Brothers University

David L. Archer President | Christian Brothers University

Shelby County spent $20,661,446 on men's collegiate football teams in 2023, an increase of 16.5% over the previous year, according to the U.S. Department of Education.

This translates to roughly 26.2% of all spending for sports teams at the five universities in the county during the 2023 season.

The average sports expenses at Shelby County have grown 80.3% 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.

Men's Football Team's Expenditures in Shelby County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$20,661,44626.2%
2022$17,730,53525.1%
2021$14,113,10924.6%
2020$21,446,03929.4%
2019$18,436,51627.7%

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