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Add us on GoogleBeing a sports fan can be an expensive hobby, as more Americans are now taking on a pile of debt to cheer on their favorite teams.
About 47% of Americans spending cash on sports have assumed debt to cover their fandom, according to a recent survey from the National Debt Relief, a group tracking consumer debt. In fact, one in four respondents are still carrying that debt, CNBC reports.
However, that spending proportion grows when younger sports fans are taken into account. For fans between the ages of 25 to 34, the share going into sports-related debt increases to 62%. About 20% of Americans surveyed said they’d be willing to accumulate debt to support their favorite teams.
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This summer, the 2026 World Cup provided American sports fans with an opportunity to indulge in the beautiful game. In many instances though, that required shelling out four or even five-figure sums to attend one of the 104 matches played over 39 days.
World Cup ticket prices devoured a big piece of fans’ recreational spending, not just travel or merchandise. In fact, the World Cup final between Spain and Argentina in New Jersey set a record as the most expensive sporting event ever, with average ticket prices at $12,751 on resale sites.
Cathleen Bell, vice president of research and insights at National Debt Relief, told CNBC that forking over extravagant sums for some sports fans “feels essential” and due to the emotions stirred among fans from a sporting event, spending on their favorite teams “doesn’t feel discretionary.”
The ‘funflation’ of following your favorite team
According to the National Debt Relief survey, sports fans spend an annual average of $1,970. For men, that amount grows to $2,224. Just over half, or 55%, of sports spenders, said the money will go into supporting NFL and college football teams.
Rising sports spending likely won’t come as a surprise, especially for the fans electing to pour a growing share of their budget into sports tickets, whether it’s a regular match or a championship.
The Bureau of Labor Statistics tracks the cost of admission into sporting events as another variable in the Consumer Price Index, which measures overall inflation. From 2000 to 2025, these admission prices increased by 123%, according to a BLS blog post in February. These increases outpaced the price of admission for movies and concerts.
Economists labeled the price increases of attending a live event as “funflation.”
Previous surveys on the subject indicate varying levels of spending among fans, though inflation accounts for at least part of spending increases over the years. In 2022, LendingTree published a survey indicating sports fans at the time planned to spend at least $664 on their sports habits. That figure ticked up to $931 among six-figure earners.
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The rise of prediction markets
Online sports betting has exploded in size and popularity in recent years with prediction markets fueling much of it. Through prediction markets such as Kalshi or Polymarket, users can place wagers on anything ranging from the weather or the outcome of a sporting event.
Another survey published earlier this month from BadMarket.org, a financial literacy organization, said 51% of prediction market users had responded that they had used a credit card, borrowed money or taken out a loan to pay for wagers. Most of them, or 79%, reported losing money in the last year. Experts advise against taking out a loan in this scenario.
“Remember that credit products aren’t designed for this purpose,” Erica Sandberg, a personal finance expert at BadCredit.org, said in a statement accompanying the report. “They are to help you finance things you want and need, and are sure that you can handle the payments.”
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Joseph Zeballos-Roig is a policy and politics journalist based in Washington D.C with a focus on economics. He is experienced in connecting the significance of events in the capital to the lives of everyday Americans whether its taxes, tariffs, interest rates or federal programs.
