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Saturday, September 21, 2024

Danville city's men's football teams receive $510,412 in 2023

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Dr. Tiffany McKillip Franks, President | Averett University

Dr. Tiffany McKillip Franks, President | Averett University

Danville city spent $510,412 on men's collegiate football teams in 2023, an increase of 13.9% over the previous year, according to the U.S. Department of Education.

This translates to roughly 15.5% of all spending for sports teams at the Averett University, the only institution in the county during the 2023 season.

The average sports expenses at Danville city have grown 149.5% 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.

Men's Football Team's Expenditures in Danville city in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$510,41215.5%
2022$447,95014.9%
2021$382,07016%
2020$450,49616.7%
2019$422,61015.6%

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