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Thursday, November 21, 2024

Lycoming County's men's football teams receive $699,400 in 2023

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Dr. Michael J. Reed,College President | Pennsylvania College of Technology

Dr. Michael J. Reed,College President | Pennsylvania College of Technology

Lycoming County spent $699,400 on men's collegiate football teams in 2023, a decrease of 0.4% from the previous year, according to the U.S. Department of Education.

This translates to roughly 13.5% of all spending for sports teams at the two universities in the county during the 2023 season.

The average sports expenses at Lycoming County have grown 156.2% 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 Lycoming County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$699,40013.5%
2022$702,54714.7%
2021$524,63913.4%
2020$604,54913.9%
2019$616,84213.8%

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