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Saturday, September 28, 2024

Kennebec County's universities spent $926,130 on football teams in 2023

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Jennifer Cushman President | University Of Maine At Augusta

Jennifer Cushman President | University Of Maine At Augusta

Kennebec County's three colleges invested $926,130 on their football teams in 2023, an 8.6% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 7.2% of all money invested on sport teams at the three colleges in the county during 2023.

The average sports expenses at Kennebec County have grown 157.7% since 2010.

Colby College stood out as the university in Kennebec County which received the most football funding during 2023. The institution received $926,130 — 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 Kennebec County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$926,1307.2%
2022$852,8767.3%
2021$00%
2020$834,6378.2%
2019$750,1187.5%

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