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Saturday, November 23, 2024

Palm Beach County's universities spent $14,514,971 on football teams in 2023

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Dr. Debra A. Schwinn President | Palm Beach Atlantic University

Dr. Debra A. Schwinn President | Palm Beach Atlantic University

Palm Beach County's four colleges invested $14,514,971 on their football teams in 2023, an 11.2% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 25.2% of all money invested on sport teams at the four colleges in the county during 2023.

The average sports expenses at Palm Beach County have grown 138.8% since 2010.

Florida Atlantic University stood out as the university in Palm Beach County which received the most football funding during 2023. The institution received $14,514,971 — 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 Palm Beach County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$14,514,97125.2%
2022$13,047,99025.4%
2021$8,326,23719.6%
2020$12,202,88024.4%
2019$11,877,53325.4%

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