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Saturday, September 28, 2024

Watauga County's only university spent $10,434,931 on football teams in 2023

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Dr. Sheri Everts Chancellor | Appalachian State University

Dr. Sheri Everts Chancellor | Appalachian State University

Watauga County's institution invested $10,434,931 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 26.9% of all money invested on sport teams at Appalachian State University during 2023.

The average sports expenses at Watauga County have grown 165.4% 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 Watauga County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$10,434,93126.9%
2022$10,417,14332.3%
2021$8,506,23930.3%
2020$9,188,01332%
2019$9,365,95232.9%

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