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Monday, December 23, 2024

Blue Earth County's football teams receive $1,679,211 in 2023

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Dr. Gene Pfeifer President | Bethany Lutheran College

Dr. Gene Pfeifer President | Bethany Lutheran College

Blue Earth County's two colleges invested $1,679,211 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 9% of all money invested on sport teams at the two colleges in the county during 2023.

The average sports expenses at Blue Earth County have grown 103.6% since 2010.

Minnesota State University-Mankato stood out as the university in Blue Earth County which received the most football funding during 2023. The institution received $1,679,211 — or 100% 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 Blue Earth County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$1,679,2119%
2022$1,653,8129.4%
2021$1,381,2439.6%
2020$1,539,6919.9%
2019$1,413,5029.6%