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Friday, November 22, 2024

Hillsborough County's universities spent $22,071,378 on football teams in 2023

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Dr. Ken Atwater President | Hillsborough Community College

Dr. Ken Atwater President | Hillsborough Community College

Hillsborough County's four colleges invested $22,071,378 on their football teams in 2023, an 18.1% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 24.8% of all money invested on sport teams at the four colleges in the county during 2023.

The average sports expenses at Hillsborough County have grown 100% since 2010.

University of South Florida stood out as the university in Hillsborough County which received the most football funding during 2023. The institution received $22,071,378 — or 100% 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 Hillsborough County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$22,071,37824.8%
2022$18,695,34124%
2021$15,464,35920.9%
2020$19,748,13026.7%
2019$16,760,09724.1%

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