Lyon County’s institution invested $976,615 on their football teams in 2023, a 23.5% decrease in funding from the previous year, according to the U.S. Department of Education.
This represents 16.8% of all money invested on sport teams at Southwest Minnesota State University during 2023.
The average sports expenses at Lyon County have grown 68.3% 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 Lyon County in Last 5 Years
| Year | Football Team’s Expenditures | % from grand total sport team expenditures |
|---|---|---|
| 2023 | $976,615 | 16.8% |
| 2022 | $1,276,343 | 22.4% |
| 2021 | $0 | 0% |
| 2020 | $1,072,711 | 21.4% |
| 2019 | $1,004,065 | 19.5% |
