Total economic impact of more than $728 million creates jobs and benefits small businesses
AUSTIN, Texas -- Today, Texas Athletics releases its Economic Impact Report, which quantifies benefits to Austin and the state of Texas totaling more than $728 million annually. Football is the major revenue generator with an average impact of $63 million per home game.
This analysis is the first comprehensive measure of Texas Athletics' impact to the city and state. AngelouEconomics was retained to evaluate the full economic impact of the department for Texas Football, Men's and Women's Basketball, Texas Relays/Track and Field, the Frank Erwin Center, and all other UT sports.