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Baltimore City Wire

Thursday, November 21, 2024

Baltimore city's universities spent $5,833,593 on football teams in 2023

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Dr. David Kwabena Wilson President | Morgan State University

Dr. David Kwabena Wilson President | Morgan State University

Baltimore city's six colleges invested $5,833,593 on their football teams in 2023, a 30.1% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 9.7% of all money invested on sport teams at the six colleges in the county during 2023.

The average sports expenses at Baltimore city have grown 92.1% since 2010.

Morgan State University stood out as the university in Baltimore city which received the most football funding during 2023. The institution received $4,916,573 — or 84.3% 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 Baltimore city in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$5,833,5939.7%
2022$4,484,7718.6%
2021$509,4421.3%
2020$4,203,2638.6%
2019$4,157,3668.2%

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