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Lebanon PA News

Saturday, September 28, 2024

Lebanon County's only university spent $402,388 on football teams in 2023

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Dr. James M. MacLaren, President | Lebanon Valley College

Dr. James M. MacLaren, President | Lebanon Valley College

Lebanon County's institution invested $402,388 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 10.5% of all money invested on sport teams at Lebanon Valley College during 2023.

The average sports expenses at Lebanon County have grown 46.9% 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 Lebanon County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$402,38810.5%
2022$399,37311%
2021$365,27212.1%
2020$425,51913.4%
2019$424,48213.9%

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