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Sunday, November 24, 2024

Virginia: Newport News city's men's football budget increases in 2023

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William G. Kelly President of Christopher Newport University | cnu.edu

William G. Kelly President of Christopher Newport University | cnu.edu

Newport News city spent $784,969 on men's collegiate football teams in 2023, an increase of 2% over the previous year, according to the U.S. Department of Education.

This translates to roughly 6.1% of all spending for sports teams at the Christopher Newport University, the only institution in the county during the 2023 season.

The average sports expenses at Newport News city have grown 56.3% 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 Newport News city in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$784,9696.1%
2022$769,5216.4%
2021$553,4508.6%
2020$686,0026.8%
2019$712,2307.1%

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