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Thursday, November 21, 2024

Salt Lake County's men's football teams receive $40,457,816 in 2023

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Taylor R. Randall , President | University of Utah

Taylor R. Randall , President | University of Utah

Salt Lake County spent $40,457,816 on men's collegiate football teams in 2023, an increase of 19.9% over the previous year, according to the U.S. Department of Education.

This translates to roughly 33.9% of all spending for sports teams at the three universities in the county during the 2023 season.

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