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Saturday, November 23, 2024

Houghton County's only university spent $2,401,148 on football teams in 2023

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Richard J. Koubek President | Michigan Technological University

Richard J. Koubek President | Michigan Technological University

Houghton County's institution invested $2,401,148 on their football teams in 2023, a decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 20.1% of all money invested on sport teams at Michigan Technological University during 2023.

The average sports expenses at Houghton County have grown 208.6% 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 Houghton County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$2,401,14820.1%
2022$2,499,83918.2%
2021$00%
2020$2,456,27319.5%
2019$2,088,59617.2%

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