Pennsylvania: Moravian University’s football budget increases 9% in 2024

Linda McMahon, Secretary of Education
Linda McMahon, Secretary of Education
0Comments

Moravian University in Bethlehem, Pennsylvania allocated $528,831 to its football programs in 2024, marking a 9% rise compared to the prior year, according to the U.S. Department of Education.

Football expenditures accounted for 12.9% of the university’s total sports budget in 2024, amounting to $528,831.

Since 2010, Moravian University’s average sports spending has increased by 82%.

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.

College athletics has entered a new era of athlete compensation after a federal settlement allowed schools to directly share revenue with players for the first time. The agreement also requires the NCAA to pay $2.8 billion in back damages over 10 years to athletes who competed from 2016 to the present.

In 2022, after years of legal and legislative pressure, athletes also gained the right to profit from their names, images and likenesses through state laws and an NCAA policy change.

Football Teams’ Expenditures of Moravian University in Last 5 Years

Year Football teams’ expenditure % from grand total sport team expenditures
2020 $400,743 12.9%
2021 $0 0%
2022 $402,438 11%
2023 $484,955 13.6%
2024 $528,831 12.9%

Information in this story was obtained from the U.S. Department of Education. The source data can be found here.



Related

James Bergeron, Chief Operating Officer - FSA, U.S. Department of Education

Lehigh University football teams receive $6,675,379 in 2024

Lehigh University in Bethlehem, Pennsylvania spent $6,675,379 on football teams in 2024, a 0.7% increase over the previous year, according to the U.S. Department of Education.

Elizabeth Walker, Director, Office of Small and Disadvantaged Business Utilization, U.S. Department of Education

Lafayette College spends $8,528,504 on football teams in 2024

Lafayette College in Easton, Pennsylvania spent $8,528,504 on football teams in 2024, a 9.7% increase over the previous year, according to the U.S. Department of Education.

Linda McMahon, Secretary of Education

Northampton County’s women’s basketball teams receive $4,660,612 in 2024

Women’s basketball teams from Northampton County received $4,660,612 during the 2024 season, up 14.2% from the previous year.