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South Tidewater News

Wednesday, October 16, 2024

Virginia Beach city's universities spent no money on their football teams in 2023

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David Vaden C.P.A., M.B.A., B.S, President & Chief Executive Officer | Bryant & Stratton College-Virginia Beach

David Vaden C.P.A., M.B.A., B.S, President & Chief Executive Officer | Bryant & Stratton College-Virginia Beach

Virginia Beach city's three colleges did not fund their football teams in 2023, the same as in the previous year, according to the U.S. Department of Education.

The average sports expenses at Virginia Beach city have grown 21.1% 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.

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