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Saturday, November 23, 2024

Cape Girardeau County's only university spent $3,749,930 on football teams in 2023

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Dr. Carlos Vargas President | Southeast Missouri State University

Dr. Carlos Vargas President | Southeast Missouri State University

Cape Girardeau County's institution invested $3,749,930 on their football teams in 2023, a 15.7% increase in funding from the previous year, according to the U.S. Department of Education.

This represents 24.9% of all money invested on sport teams at Southeast Missouri State University during 2023.

The average sports expenses at Cape Girardeau County have grown 94.3% 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 Cape Girardeau County in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$3,749,93024.9%
2022$3,240,62726.4%
2021$2,916,17723.7%
2020$3,222,86124.9%
2019$3,051,70523.6%

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