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Sunday, December 22, 2024

Pike County's men's football teams receive $2,022,548 in 2023

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Burton J. Webb, Ph.D. President | University of Pikeville

Burton J. Webb, Ph.D. President | University of Pikeville

Pike County spent $2,022,548 on men's collegiate football teams in 2023, an increase of 13.1% over the previous year, according to the U.S. Department of Education.

This translates to roughly 22.5% of all spending for sports teams at the University of Pikeville, the only institution in the county during the 2023 season.

The average sports expenses at Pike County have grown 225.1% 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.

Men's Football Team's Expenditures in Pike County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$2,022,54822.5%
2022$1,788,31822.6%
2021$1,710,38124.6%
2020$1,730,73924.4%
2019$1,539,73922.5%

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