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Friday, November 22, 2024

Texas: Gregg County's men's football budget increases 7.2% in 2023

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Dr. Steven D. Mason President | LeTourneau University

Dr. Steven D. Mason President | LeTourneau University

Gregg County spent $573,860 on men's collegiate football teams in 2023, an increase of 7.2% over the previous year, according to the U.S. Department of Education.

This translates to roughly 14.4% of all spending for sports teams at the two universities in the county during the 2023 season.

The average sports expenses at Gregg County have grown 47.5% 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 Gregg County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$573,86014.4%
2022$535,18115%
2021$528,54515.7%
2020$445,10012.9%
2019$422,12912%

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