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North Little Rock Times

Thursday, November 7, 2024

Faulkner County's universities spent $4,454,280 on football teams in 2023

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Dr. Karen K. Petersen, President | Hendrix College

Dr. Karen K. Petersen, President | Hendrix College

Faulkner County's three colleges invested $4,454,280 on their football teams in 2023, a 10.8% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 20.7% of all money invested on sport teams at the three colleges in the county during 2023.

The average sports expenses at Faulkner County have grown 108.6% since 2010.

University of Central Arkansas stood out as the university in Faulkner County which received the most football funding during 2023. The institution received $3,871,999 — or 86.9% 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 Faulkner County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$4,454,28020.7%
2022$4,019,32219.6%
2021$3,747,90720.4%
2020$3,608,13320.4%
2019$3,687,37019.8%

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