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Lafayette Reporter

Friday, June 28, 2024

Lafayette Parish's only university spent $12,908,059 on football teams in 2023

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President Joseph Savoie | University of Louisiana at Lafayette

President Joseph Savoie | University of Louisiana at Lafayette

Lafayette Parish's institution invested $12,908,059 on their football teams in 2023, a decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 33.1% of all money invested on sport teams at University of Louisiana at Lafayette during 2023.

The average sports expenses at Lafayette Parish have grown 215.3% 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 Lafayette Parish in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$12,908,05933.1%
2022$13,433,92134.4%
2021$11,414,43436.4%
2020$11,907,78035.4%
2019$11,050,19332.7%

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