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Bloomington Leader

Thursday, November 21, 2024

Monroe County's only university spent $33,934,187 on football teams in 2023

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Pamela Whitten President of Indiana University-Bloomington | media.licdn.com

Pamela Whitten President of Indiana University-Bloomington | media.licdn.com

Monroe County's institution invested $33,934,187 on their football teams in 2023, a 7.1% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 26.7% of all money invested on sport teams at Indiana University-Bloomington during 2023.

The average sports expenses at Monroe County have grown 105.5% 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.

Football Team's Expenditures in Monroe County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$33,934,18726.7%
2022$31,678,33327.9%
2021$23,815,66026.3%
2020$29,373,45227.1%
2019$24,216,48323.2%

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