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Friday, September 20, 2024

Winneshiek County's only university spent $524,893 on football teams in 2023

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Dr. Jenifer K. Ward President | Luther College

Dr. Jenifer K. Ward President | Luther College

Winneshiek County's institution invested $524,893 on their football teams in 2023, a 7% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 11.3% of all money invested on sport teams at Luther College during 2023.

The average sports expenses at Winneshiek County have grown 77.9% 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 Winneshiek County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$524,89311.3%
2022$490,44112.5%
2021$398,19712.7%
2020$463,49712.6%
2019$448,17211.2%

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