Who spends the most on total operating expenses
All reported athletics operating expenses for the fiscal year.
Texas
$225.15M · $225,153,011
Michigan
$193.56M · $193,559,375
Texas A&M
$177.67M · $177,671,900
Oklahoma
$176.00M · $175,997,457
Georgia
$169.03M · $169,026,503
Michigan State
$156.45M · $156,449,795
Kentucky
$153.62M · $153,621,183
Iowa
$151.14M · $151,144,861
Florida State
$150.78M · $150,777,734
Virginia
$150.58M · $150,584,173
South Carolina
$144.82M · $144,815,377
Clemson
$143.36M · $143,356,820
Rutgers
$138.44M · $138,439,077
Indiana
$132.39M · $132,392,596
Nebraska
$131.18M · $131,181,951
UCLA
$131.11M · $131,106,913
Missouri
$125.62M · $125,621,128
Arizona State
$124.01M · $124,008,192
North Carolina
$120.31M · $120,314,967
Maryland
$114.39M · $114,385,462
Oklahoma State
$103.32M · $103,317,156
NC State
$100.99M · $100,991,410
UConn
$96.74M · $96,742,518
Oregon State
$87.73M · $87,729,627
UNLV
$62.64M · $62,644,050
South Florida
$62.29M · $62,288,597
Army
$56.78M · $56,779,409
East Carolina
$54.13M · $54,133,021
University of Massachusetts, Amherst
$52.85M · $52,853,964
Boise State
$50.33M · $50,328,947
University of Hawaii, Manoa
$48.03M · $48,029,141
Wyoming
$47.15M · $47,146,999
Fresno State
$46.52M · $46,515,828
Utah State
$42.82M · $42,824,185
VCU
$41.89M · $41,887,842
Georgia State
$39.91M · $39,913,963
UAB
$39.89M · $39,890,894
Buffalo
$39.54M · $39,537,565
Florida International
$39.43M · $39,433,624
Marshall
$39.35M · $39,350,986
Stony Brook
$38.94M · $38,944,967
App State
$38.57M · $38,565,701
Florida Atlantic
$38.13M · $38,132,721
Texas State
$37.85M · $37,853,450
California Polytechnic State University
$36.00M · $35,998,471
Middle Tennessee
$35.61M · $35,614,512
Central Michigan
$34.28M · $34,284,909
Eastern Michigan
$33.04M · $33,040,581
New Mexico State
$32.45M · $32,447,787
Arkansas State
$32.38M · $32,376,515
North Dakota
$30.84M · $30,837,768
George Mason University
$30.29M · $30,290,482
Southern Miss
$28.35M · $28,346,698
Towson
$28.16M · $28,156,444
UAlbany
$27.06M · $27,056,948
Wichita State
$25.67M · $25,668,918
UC Santa Barbara
$24.90M · $24,902,464
Maine
$24.29M · $24,291,873
Northern Illinois
$24.10M · $24,097,387
Binghamton
$23.85M · $23,851,280
South Dakota State
$23.40M · $23,399,570
Montana
$22.52M · $22,515,985
Idaho
$22.29M · $22,289,958
College of Charleston (South Carolina)
$22.22M · $22,217,391
Sam Houston
$20.95M · $20,951,301
NJIT
$20.06M · $20,064,224
University of Northern Iowa
$19.82M · $19,819,613
UIC
$19.34M · $19,336,276
Murray State University
$19.21M · $19,210,384
Lamar
$18.85M · $18,854,203
UMBC
$18.79M · $18,788,921
Indiana State
$17.90M · $17,903,701
Austin Peay State University
$17.64M · $17,644,953
Oakland
$17.33M · $17,325,703
Florida Gulf Coast University
$17.29M · $17,286,852
The University of North Carolina at
$17.12M · $17,118,048
California State University, Bakersfield
$17.05M · $17,053,029
Western Carolina
$17.04M · $17,040,389
Northern Kentucky University
$16.52M · $16,521,511
Weber State University
$16.45M · $16,447,647
Portland State University
$16.16M · $16,160,881
Central Connecticut
$16.04M · $16,043,570
Eastern Washington
$16.03M · $16,032,290
Idaho State
$15.45M · $15,447,714
University of North Carolina Wilmington
$15.14M · $15,141,319
Morgan State
$14.92M · $14,924,648
Eastern Illinois
$14.55M · $14,551,286
Milwaukee
$14.42M · $14,415,250
Alabama A&M
$14.19M · $14,189,129
Purdue Fort Wayne
$13.06M · $13,062,826
University of Missouri-Kansas City
$12.89M · $12,893,022
Jackson State
$12.64M · $12,637,183
University of Central Missouri
$12.57M · $12,570,036
Western Illinois
$11.70M · $11,703,844
Morehead State
$11.64M · $11,639,966
Michigan Tech
$11.58M · $11,583,358
Winthrop
$11.52M · $11,515,673
University of West Florida
$11.47M · $11,470,515
North Carolina Central
$11.34M · $11,339,477
University of Wisconsin-Green Bay
$8.90M · $8,898,030
Nebraska-Kearney
$8.77M · $8,771,323
South Carolina State University
$7.86M · $7,857,836
Angelo State
$7.44M · $7,443,366
Fort Lewis College
$6.92M · $6,921,308
Midwestern State University
$6.89M · $6,886,085
Emporia State University
$6.87M · $6,869,931
Alcorn State University
$6.86M · $6,863,951
Eastern New Mexico University
$6.18M · $6,175,349
Montana State University Billings
$6.09M · $6,087,403
New Mexico
$5.87M · $5,873,592
Black Hills State University
$5.63M · $5,634,676
West Virginia State University
$5.53M · $5,533,921
Southeastern Oklahoma State
$5.31M · $5,305,242
Coppin State University
$5.25M · $5,254,060
University of Minnesota, Crookston
$4.53M · $4,527,532
Georgia College
$4.50M · $4,499,050
Cameron University
$4.16M · $4,156,088
Missouri University of Science and
$1.60M · $1,602,341
How to read these rankings
These figures come from filed NCAA financial reports collected in our document corpus and parsed from the report text. 831 reports parsed cleanly; 56 could not be read and are absent from these rankings, so a school missing from a year has not necessarily reported nothing.
Football and basketball views come from the report's per-sport allocation tables. They cover recruiting and team travel, not aviation alone: commercial airfare, buses, hotels, meals, and other eligible costs share the same lines. A school can also leave some expenses unallocated.
Private universities have no public-disclosure obligation and generally do not appear. Fiscal years are not uniform — most close June 30, but some schools close on a different date, so a single “FY” column compares slightly different periods. Schools also categorize inconsistently between reports, so treat cross-school gaps of a few percent as noise rather than signal.