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Charleston Reporter

Saturday, November 23, 2024

Charleston County's men's football teams receive $9,221,128 in 2023

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Keith Faulkner, JD, LLM, MBA President | Charleston Southern University

Keith Faulkner, JD, LLM, MBA President | Charleston Southern University

Charleston County spent $9,221,128 on men's collegiate football teams in 2023, an increase of 5.3% over the previous year, according to the U.S. Department of Education.

This translates to roughly 17.7% of all spending for sports teams at the three universities in the county during the 2023 season.

The average sports expenses at Charleston County have grown 69% 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 Charleston County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$9,221,12817.7%
2022$8,760,21716.9%
2021$7,765,82717.5%
2020$8,489,88518%
2019$7,876,56416.5%

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