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Thursday, November 7, 2024

Catawba County's universities spent $2,345,241 on football teams in 2023

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Dr. Garrett D. Hinshaw President | Catawba Valley Community College

Dr. Garrett D. Hinshaw President | Catawba Valley Community College

Catawba County's two colleges invested $2,345,241 on their football teams in 2023, a decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 15.5% of all money invested on sport teams at the two colleges in the county during 2023.

The average sports expenses at Catawba County have grown 182.2% since 2010.

Lenoir-Rhyne University stood out as the university in Catawba County which received the most football funding during 2023. The institution received $2,345,241 — 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 Catawba County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$2,345,24115.5%
2022$2,426,57017.2%
2021$2,385,35918.6%
2020$2,445,98519.4%
2019$2,369,58319.5%

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