Portland State University cuts football spending to $4,791,274 in 2024

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

Portland State University in Oregon allocated $4,791,274 to its football teams in 2024, representing a 9% decrease from the prior year, according to the U.S. Department of Education.

The $4,791,274 spent on football was 27.3% of the university’s total athletic expenditures in 2024.

Since 2010, Portland State University’s overall sports spending has risen 66.3% on average.

College football remains among the most popular sports in the U.S., with some schools’ teams surpassing NFL teams in both attendance and revenue.

The landscape of college athletics changed following a federal settlement that enabled schools to share revenue directly with athletes for the first time. Under the settlement, the NCAA is also required to pay $2.8 billion in back damages over the next decade to players who participated from 2016 onward.

Beginning in 2022, after significant legal and legislative efforts, college athletes gained the ability to earn money from their names, images, and likenesses through state law changes and updated NCAA policies.

Football Teams’ Expenditures of Portland State University in Last 5 Years

Year Football teams’ expenditure % from grand total sport team expenditures
2020 $3,150,681 24.1%
2021 $3,643,734 27.7%
2022 $4,491,749 27.8%
2023 $5,266,444 28.5%
2024 $4,791,274 27.3%

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



Related

Zane Mills

Who are the former City of Portland high school standouts competing in the week of Monday, June 15?

The week beginning Monday, June 15 will showcase this former City of Portland area high school standout.

Zane Mills

Which former City of Portland area high school athletes will be active on Sunday, June 14?

Sunday, June 14 will see this former City of Portland area high school star in competition.

Zane Mills

Which ex-high school standouts featured in City of Portland will compete on Saturday, June 13?

This former City of Portland area high school standout will be active on Saturday, June 13.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Portland Courant.