HomeSpending
Filed athletics finances

Who spends the most on total operating revenues

Every figure is read from the school's own NCAA financial report — the annual filing each Division I athletics department submits to the NCAA. Ranked by reported dollars, not by results.
20Schools ranked
FY2017Fiscal year
$1065.25MCombined total operating revenues
831Reports parsed

All reported athletics operating revenues for the fiscal year.

Rank / schoolReported total operating revenuesChange
01

Texas

$214.83M · $214,830,647

+14% YoY
02

Georgia

$157.85M · $157,852,479

+27% YoY
03

Oklahoma

$155.24M · $155,238,481

no prior year
04

Missouri

$97.85M · $97,848,195

no prior year
05

Boise State

$45.49M · $45,486,486

no prior year
06

Arkansas State

$39.46M · $39,459,027

no prior year
07

Western Michigan

$38.52M · $38,516,531

no prior year
08

Texas State

$38.45M · $38,445,832

+11% YoY
09

Buffalo

$35.89M · $35,892,221

no prior year
10

App State

$35.06M · $35,058,621

+848% YoY
11

Central Michigan

$34.69M · $34,692,784

+11% YoY
12

Coastal Carolina

$33.70M · $33,703,994

no prior year
13

Georgia State

$30.23M · $30,230,203

+8% YoY
14

Georgia Southern

$28.90M · $28,895,052

−5% YoY
15

UMBC

$17.22M · $17,217,652

no prior year
16

Murray State

$15.63M · $15,629,362

no prior year
17

Northern Kentucky

$14.21M · $14,213,168

no prior year
18

UT Arlington

$14.05M · $14,054,524

no prior year
19

Radford

$12.95M · $12,954,767

no prior year
20

Montana State University Billings

$5.03M · $5,029,663

no prior year
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.