USA Today releases list of Division I athletic department finances
USA Today, the folks behind the always-useful head coach, assistant coach and athletics director salary databases, have released their 2013-14 findings of Division I athletics department revenues.
Texas again led the way with $165,691,486 in revenue (and $146,807,585 in expenses, for a cool $18,883,901 in profit, err, budget surplus), followed by Wisconsin ($149 million), Alabama ($143.7 million), Michigan ($143.5 million), Ohio State ($139 million), Florida ($130 million), Oklahoma ($123 million), LSU ($117 million), Oregon ($115 million) and Tennessee ($111 million) to round out the top 10. Each of those programs earned more than they spent, although Tennessee squeaked by with $1.3 million in profit, and was aided by $12.4 million in subsidies. Penn State ranked 12th in revenue at $104 million and change, but placed sixth in spending at nearly $111 million.
Speaking of subsidies, only seven schools operated without any outside help - Texas, Ohio State, Oklahoma, LSU, Penn State, Nebraska and Purdue - and four more used subsidies for less than one percent of their overall budget - Michigan, Iowa, Texas A&M and Kentucky. Non-football Chicago State led Division I by far in subsidies, with 94.12 percent of its budget coming from that specific revenue stream.
Power Five schools claimed the top 47 spots in overall earnings - there are 65 in total. Connecticut leads the rest of the pack, checked in at 48th with more than $63 million in revenue.
Here are the top three revenue-earning athletics departments in FBS for 2013. Two things to keep in mind: private schools were not required to divulge their financial information, and every school counts its beans differently.
Standings reflect the 2013 college football season.
ACC
Rank | Total Revenue |
1. (24th nationally) Florida State | $91,382,441 |
2. (28) Virginia | $84,402,710 |
3. (30) North Carolina | $82,792,342 |
American
Rank | Total Revenue |
1. (18) Louisville | $96,193,330 |
2. (32) Rutgers | $78,989,475 |
3. (48) Connecticut | $63,336,022 |
Big Ten
Rank | Total Revenue |
1. (2) Wisconsin | $149,141,405 |
2. (5) Ohio State | $139,639,307 |
3. (11) Iowa | $107,153,782 |
Big 12
Rank | Total Revenue |
1. (1) Texas | $165,691,486 |
2. (7) Oklahoma | $123,805,661 |
3. (22) Oklahoma State | $93,664,337 |
Conference USA
Rank | Total Revenue |
1. (76) UTEP | $29,017,848 |
2. (78) North Texas | $28,800,436 |
3. (81) Florida International | $28,332,261 |
MAC
Rank | Total Revenue |
1. (73) Massachusetts | $30,060,635 |
2. (77) Buffalo | $28,964,050 |
3. (79) Miami (Ohio) | $28,705,691 |
Mountain West
Rank | Total Revenue |
1. (46) UNLV | $64,513,044 |
2. (58) New Mexico | $44,345,840 |
3. (59) Boise State | $43,166,257 |
Pac-12
Rank | Total Revenue |
1. (9) Oregon | $115,241,070 |
2. (20) California | $94,487,380 |
3. (27) Washington | $85,072,886 |
SEC
Rank | Total Revenue |
1. (3) Alabama | $143,776,550 |
2. (6) Florida | $130,011,244 |
3. (8) LSU | $117,457,398 |
Sun Belt
Rank | Total Revenue |
1. (74) Texas State | $29,964,777 |
2. (88) Western Kentucky | $27,606,401 |
3. (91) Georgia State | $26,721,964 |
FCS
Rank | Total Revenue |
1. (67) James Madison | $36,072,842 |
2. (70) Delaware | $33,750,927 |
3. (82) UC Davis | $28,240,711 |
