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Saturday, September 21, 2024

Salt Lake County's universities spent $40,457,816 on football teams in 2023

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Taylor R. Randall , President | University of Utah

Taylor R. Randall , President | University of Utah

Salt Lake County's three colleges invested $40,457,816 on their football teams in 2023, a 19.9% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 33.9% of all money invested on sport teams at the three colleges in the county during 2023.

The average sports expenses at Salt Lake County have grown 239.8% since 2010.

University of Utah stood out as the university in Salt Lake County which received the most football funding during 2023. The institution received $40,457,816 — 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 Salt Lake County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$40,457,81633.9%
2022$33,743,48234.2%
2021$21,386,17027.3%
2020$31,759,40534.6%
2019$29,262,58931.4%

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