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Friday, November 22, 2024

Bernalillo County's only university spent $10,988,147 on football teams in 2023

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President Garnett S. Stokes | University of New Mexico-Main Campus

President Garnett S. Stokes | University of New Mexico-Main Campus

Bernalillo County's institution invested $10,988,147 on their football teams in 2023, a 13.6% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 23.9% of all money invested on sport teams at University of New Mexico-Main Campus during 2023.

The average sports expenses at Bernalillo County have grown 51.7% 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.

Football Team's Expenditures in Bernalillo County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$10,988,14723.9%
2022$9,675,55422%
2021$8,249,94023.9%
2020$9,600,48725.5%
2019$9,160,96222.9%

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