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Shreveport Reporter

Wednesday, October 16, 2024

Caddo Parish's football teams receive $274,221 in 2023

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Christopher L. Holoman President | Centenary College of Louisiana

Christopher L. Holoman President | Centenary College of Louisiana

Caddo Parish's three colleges invested $274,221 on their football teams in 2023, an increase in funding from the previous year, according to the U.S. Department of Education.

This represents 4.8% of all money invested on sport teams at the three colleges in the county during 2023.

The average sports expenses at Caddo Parish have dropped 25.8% since 2010.

Centenary College of Louisiana stood out as the university in Caddo Parish which received the most football funding during 2023. The institution received $274,221 — or 100% of all the money destined to football teams.

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 Caddo Parish in Last 5 Years
YearFootball Team's Expenditures% from grand total sport team expenditures
2023$274,2214.8%
2022$00%
2021$00%
2020$00%
2019$00%

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