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Sunday, December 22, 2024

Mercer County's universities spent $4,796,941 on football teams in 2023

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Gregory G. Dell’Omo, President | Rider University

Gregory G. Dell’Omo, President | Rider University

Mercer County's four colleges invested $4,796,941 on their football teams in 2023, a 14.4% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 7.3% of all money invested on sport teams at the four colleges in the county during 2023.

The average sports expenses at Mercer County have grown 102.5% since 2010.

Princeton University stood out as the university in Mercer County which received the most football funding during 2023. The institution received $4,230,343 — or 88.2% of all the money destined to football teams.

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 Mercer County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$4,796,9417.3%
2022$4,193,8077.1%
2021$557,2981.3%
2020$4,088,0917.3%
2019$4,583,4378.7%

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