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North Richmond Today

Tuesday, December 3, 2024

Hanover County's only university spent $609,199 on football teams in 2023

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Robert R. Lindgren President | Randolph-Macon College

Robert R. Lindgren President | Randolph-Macon College

Hanover County's institution invested $609,199 on their football teams in 2023, a 7.5% decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 15.8% of all money invested on sport teams at Randolph-Macon College during 2023.

The average sports expenses at Hanover County have grown 81.5% 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 Hanover County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$609,19915.8%
2022$658,81717.3%
2021$560,52318.8%
2020$652,34519.1%
2019$661,12218.4%

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