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Friday, November 1, 2024

Knox County's men's football teams receive $49,565,802 in 2023

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Thomas (Tommy) Smith Jr., President | Johnson University

Thomas (Tommy) Smith Jr., President | Johnson University

Knox County spent $49,565,802 on men's collegiate football teams in 2023, an increase of 24.7% over the previous year, according to the U.S. Department of Education.

This translates to roughly 27.2% of all spending for sports teams at the two universities in the county during the 2023 season.

The average sports expenses at Knox County have grown 87.9% 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 Knox County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$49,565,80227.2%
2022$39,755,02125.9%
2021$29,609,31525%
2020$38,115,08627.7%
2019$35,170,59925.9%

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