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Monday, July 1, 2024

Newport County's only university spent $296,399 on football teams in 2023

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Dr. Kelli J. Armstrong - Salve Regina University President | Salve Regina University

Dr. Kelli J. Armstrong - Salve Regina University President | Salve Regina University

Newport County's institution invested $296,399 on their football teams in 2023, an 11.3% decrease in funding from the previous year, according to the U.S. Department of Education.

This represents 7.2% of all money invested on sport teams at Salve Regina University during 2023.

The average sports expenses at Newport County have grown 152.9% 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 Newport County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$296,3997.2%
2022$334,33910.9%
2021$00%
2020$281,59111.8%
2019$287,07714.5%

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