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Sunday, September 29, 2024

Ouachita Parish's only university spent $6,545,485 on football teams in 2023

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President Dr. Ronald Berry | University of Louisiana at Monroe

President Dr. Ronald Berry | University of Louisiana at Monroe

Ouachita Parish's institution invested $6,545,485 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 35.3% of all money invested on sport teams at University of Louisiana at Monroe during 2023.

The average sports expenses at Ouachita Parish have grown 122.6% 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 Ouachita Parish in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$6,545,48535.3%
2022$6,420,13134.9%
2021$5,676,61235.3%
2020$5,806,76436.3%
2019$5,304,04334.8%

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