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Durham Reporter

Sunday, December 22, 2024

Durham County's universities spent $43,709,854 on football teams in 2023

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Vincent E. Price President of Duke University | Official Website

Vincent E. Price President of Duke University | Official Website

Durham County's two colleges invested $43,709,854 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 27% of all money invested on sport teams at the two colleges in the county during 2023.

The average sports expenses at Durham County have grown 116.5% since 2010.

Duke University stood out as the university in Durham County which received the most football funding during 2023. The institution received $39,371,987 — or 90.1% 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 Durham County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$43,709,85427%
2022$43,524,53127%
2021$25,590,20923%
2020$29,610,95624.5%
2019$32,742,97425.1%

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