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Thursday, November 14, 2024

Boulder County's only university spent $34,988,625 on football teams in 2023

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Chancellor Philip P. DiStefano | University of Colorado Boulder

Chancellor Philip P. DiStefano | University of Colorado Boulder

Boulder County's institution invested $34,988,625 on their football teams in 2023, a 37% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 25.7% of all money invested on sport teams at University of Colorado Boulder during 2023.

The average sports expenses at Boulder County have grown 180.8% 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 Boulder County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$34,988,62525.7%
2022$25,536,21926.6%
2021$17,520,55127.1%
2020$22,703,44424.9%
2019$29,642,88130.1%

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