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Asheville Reporter

Saturday, September 21, 2024

Madison County's only university spent $1,651,354 on football teams in 2023

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John Anthony “Tony” Floyd, J.D., President | Mars Hill University

John Anthony “Tony” Floyd, J.D., President | Mars Hill University

Madison County's institution invested $1,651,354 on their football teams in 2023, an 11.3% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 20.9% of all money invested on sport teams at Mars Hill University during 2023.

The average sports expenses at Madison County have grown 127.2% 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 Madison County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,651,35420.9%
2022$1,483,09521.6%
2021$1,374,54123.4%
2020$1,313,07824%
2019$1,202,96424.6%

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