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Upper Cumberland Times

Sunday, November 24, 2024

Putnam County's only university spent $3,992,652 on football teams in 2023

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Philip Oldham, President | Tennessee Technological University

Philip Oldham, President | Tennessee Technological University

Putnam County's institution invested $3,992,652 on their football teams in 2023, a 7.4% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 24.2% of all money invested on sport teams at Tennessee Technological University during 2023.

The average sports expenses at Putnam County have grown 73.6% 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 Putnam County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$3,992,65224.2%
2022$3,718,34624.8%
2021$3,228,47623.9%
2020$3,388,24924.9%
2019$3,321,97724.1%

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