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Thursday, November 21, 2024

Albany County's only university spent $14,235,241 on football teams in 2023

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Dr. Edward Seidel, President | University of Wyoming

Dr. Edward Seidel, President | University of Wyoming

Albany County's institution invested $14,235,241 on their football teams in 2023, a 13.7% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 29.8% of all money invested on sport teams at University of Wyoming during 2023.

The average sports expenses at Albany County have grown 77% 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 Albany County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$14,235,24129.8%
2022$12,522,26930%
2021$9,567,02926.7%
2020$12,391,72131.5%
2019$13,649,99833.1%

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