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Grayson Times

Friday, September 20, 2024

Grayson County's universities spent $606,734 on football teams in 2023

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Steven P. O’Day President | Austin College

Steven P. O’Day President | Austin College

Grayson County's two colleges invested $606,734 on their football teams in 2023, a 63.4% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 13.4% of all money invested on sport teams at the two colleges in the county during 2023.

The average sports expenses at Grayson County have grown 91% since 2010.

Austin College stood out as the university in Grayson County which received the most football funding during 2023. The institution received $606,734 — 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 Grayson County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$606,73413.4%
2022$371,29610.5%
2021$312,0679.8%
2020$483,82115.7%
2019$469,70913.1%

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