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Providence Reporter

Friday, November 15, 2024

Providence County's universities spent $8,976,042 on football teams in 2023

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Father Kenneth R. Sicard, O.P. President | Providence College

Father Kenneth R. Sicard, O.P. President | Providence College

Providence County's five colleges invested $8,976,042 on their football teams in 2023, a decrease 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 five colleges in the county during 2023.

The average sports expenses at Providence County have grown 162.2% since 2010.

Bryant University stood out as the university in Providence County which received the most football funding during 2023. The institution received $5,233,966 — or 58.3% 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 Providence County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$8,976,0427.3%
2022$9,436,6798.6%
2021$3,986,5695.1%
2020$6,579,1547.1%
2019$7,603,5298%

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