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Friday, November 15, 2024

Phelps County's only university spent $1,915,851 on football teams in 2023

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Dr. Mohammad Dehghani, Chancellor | Missouri University of Science and Technology

Dr. Mohammad Dehghani, Chancellor | Missouri University of Science and Technology

Phelps County's institution invested $1,915,851 on their football teams in 2023, a 19.6% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 24.1% of all money invested on sport teams at Missouri University of Science and Technology during 2023.

The average sports expenses at Phelps County have grown 70.9% 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 Phelps County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,915,85124.1%
2022$1,602,34123.7%
2021$1,559,34923.7%
2020$1,650,08423.2%
2019$1,537,57221.9%

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