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Saturday, September 21, 2024

Orleans Parish's men's football teams receive $11,293,619 in 2023

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Reynold Verret President | Xavier University of Louisiana

Reynold Verret President | Xavier University of Louisiana

Orleans Parish spent $11,293,619 on men's collegiate football teams in 2023, an increase of 14.4% over the previous year, according to the U.S. Department of Education.

This translates to roughly 15.4% of all spending for sports teams at the seven universities in the county during the 2023 season.

The average sports expenses at Orleans Parish have grown 134.6% 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.

Men's Football Team's Expenditures in Orleans Parish in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$11,293,61915.4%
2022$9,872,87416.6%
2021$5,483,14010.6%
2020$11,899,61123.8%
2019$13,291,71023.9%

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