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Chapel Hill Review

Thursday, November 21, 2024

Orange County's only university spent $44,472,525 on football teams in 2023

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Lee H. Roberts Chancellor of The University of North Carolina at Chapel Hill | unc.edu

Lee H. Roberts Chancellor of The University of North Carolina at Chapel Hill | unc.edu

Orange County's institution invested $44,472,525 on their football teams in 2023, a 29.3% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 32.5% of all money invested on sport teams at University of North Carolina at Chapel Hill during 2023.

The average sports expenses at Orange County have grown 103.2% 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 Orange County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$44,472,52532.5%
2022$34,398,32329.3%
2021$30,218,27930.2%
2020$30,541,82128.3%
2019$23,127,13821.9%

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