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Thursday, November 21, 2024

Wise County's only university spent $1,357,407 on football teams in 2023

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Chancellor Donna Price Henry | University of Virginia\'s College at Wise

Chancellor Donna Price Henry | University of Virginia\'s College at Wise

Wise County's institution invested $1,357,407 on their football teams in 2023, a 5.7% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 28% of all money invested on sport teams at University of Virginia's College at Wise during 2023.

The average sports expenses at Wise County have grown 147.4% 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 Wise County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,357,40728%
2022$1,283,95628.7%
2021$1,236,77430.2%
2020$1,319,92730%
2019$1,216,58925.1%

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