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Minneapolis Review

Sunday, December 22, 2024

Hennepin County's universities spent $40,862,563 on football teams in 2023

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North Central University Interim President Doug Graham, D.Min. | North Central University

North Central University Interim President Doug Graham, D.Min. | North Central University

Hennepin County's three colleges invested $40,862,563 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 30.1% of all money invested on sport teams at the three colleges in the county during 2023.

The average sports expenses at Hennepin County have grown 76.6% since 2010.

University of Minnesota-Twin Cities stood out as the university in Hennepin County which received the most football funding during 2023. The institution received $40,312,012 — or 98.7% 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 Hennepin County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$40,862,56330.1%
2022$39,343,18032.9%
2021$24,597,26026.8%
2020$34,714,99830.5%
2019$32,892,33828.1%

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