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Saturday, September 21, 2024

Kenton County's only university spent $1,604,125 on football teams in 2023

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Joseph L. Chillo President of Thomas More University | linkedin.com

Joseph L. Chillo President of Thomas More University | linkedin.com

Kenton County's institution invested $1,604,125 on their football teams in 2023, a 29.3% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 24.8% of all money invested on sport teams at Thomas More University during 2023.

The average sports expenses at Kenton County have grown 157.8% 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 Kenton County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,604,12524.8%
2022$1,240,78923%
2021$1,117,79622.9%
2020$682,06721.4%
2019$378,66316.4%

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