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Sunday, December 22, 2024

Tompkins County's universities spent $4,247,788 on football teams in 2023

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Dr. Amy Kremenek Manor College President | Tompkins Cortland Community College

Dr. Amy Kremenek Manor College President | Tompkins Cortland Community College

Tompkins County's three colleges invested $4,247,788 on their football teams in 2023, a 12.5% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 9.7% of all money invested on sport teams at the three colleges in the county during 2023.

The average sports expenses at Tompkins County have grown 84.3% since 2010.

Cornell University stood out as the university in Tompkins County which received the most football funding during 2023. The institution received $3,529,132 — or 83.1% 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 Tompkins County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$4,247,7889.7%
2022$3,774,6478.6%
2021$00%
2020$3,845,46211.5%
2019$4,165,57011.9%

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