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Thursday, November 21, 2024

Essex County's universities spent $4,006,921 on football teams in 2023

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John D. Keenan President | Salem State University

John D. Keenan President | Salem State University

Essex County's five colleges invested $4,006,921 on their football teams in 2023, a decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 10.6% of all money invested on sport teams at the five colleges in the county during 2023.

The average sports expenses at Essex County have grown 241.5% since 2010.

Merrimack College stood out as the university in Essex County which received the most football funding during 2023. The institution received $3,498,974 — or 87.3% 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 Essex County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$4,006,92110.6%
2022$4,018,69711.6%
2021$3,116,41711%
2020$3,108,1659.3%
2019$2,526,2358.6%

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