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Lake County Gazette

Sunday, November 24, 2024

Lake County's universities spent $496,801 on football teams in 2023

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Jill M. Baren, President, Lake Forest College | Lake Forest College

Jill M. Baren, President, Lake Forest College | Lake Forest College

Lake County's two colleges invested $496,801 on their football teams in 2023, a 74.2% decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 9.3% of all money invested on sport teams at the two colleges in the county during 2023.

The average sports expenses at Lake County have grown 32% since 2010.

Lake Forest College stood out as the university in Lake County which received the most football funding during 2023. The institution received $496,801 — 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 Lake County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$496,8019.3%
2022$1,924,86619.7%
2021$1,805,10320.5%
2020$1,799,77821.9%
2019$1,704,39218.1%

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