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NYC Gazette

Saturday, October 5, 2024

New York County's universities spent $7,133,939 on football teams in 2023

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Alan Kadish, M.D. President | Touro College

Alan Kadish, M.D. President | Touro College

New York County's 12 colleges invested $7,133,939 on their football teams in 2023, a 7.4% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 11% of all money invested on sport teams at the 12 colleges in the county during 2023.

The average sports expenses at New York County have grown 67.6% since 2010.

Columbia University in the City of New York stood out as the university in New York County which received the most football funding during 2023. The institution received $5,453,459 — or 76.4% 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 New York County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$7,133,93911%
2022$6,642,76111.1%
2021$1,130,6763.6%
2020$5,880,75010.5%
2019$6,567,52910.4%

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