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Friday, September 20, 2024

Lawrence County's only university spent $1,290,065 on football teams in 2023

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Steve Elliott, President | Black Hills State University

Steve Elliott, President | Black Hills State University

Lawrence County's institution invested $1,290,065 on their football teams in 2023, an 8.9% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 24.3% of all money invested on sport teams at Black Hills State University during 2023.

The average sports expenses at Lawrence County have grown 209.4% 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 Lawrence County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,290,06524.3%
2022$1,184,19427.2%
2021$933,22026%
2020$1,042,88922.3%
2019$1,136,89025.2%

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