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Friday, September 20, 2024

Lafayette County's men's football teams receive $56,298,904 in 2023

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Glenn Boyce Chancellor | University Of Mississippi

Glenn Boyce Chancellor | University Of Mississippi

Lafayette County spent $56,298,904 on men's collegiate football teams in 2023, an increase of 15.7% over the previous year, according to the U.S. Department of Education.

This translates to roughly 41.2% of all spending for sports teams at the University of Mississippi, the only institution in the county during the 2023 season.

The average sports expenses at Lafayette County have grown 211.4% 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 Lafayette County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$56,298,90441.2%
2022$48,670,84839.3%
2021$33,132,98034.8%
2020$40,408,24741%
2019$32,215,41633.3%

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