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.
18Schools ranked
FY2018Fiscal year
$1089.09MCombined total operating revenues
831Reports parsed

All reported athletics operating revenues for the fiscal year.

Rank / schoolReported total operating revenuesChange
01

Texas

$219.40M · $219,402,579

+2% YoY
02

Georgia

$176.70M · $176,699,893

+12% YoY
03

Oklahoma

$175.33M · $175,325,500

+13% YoY
04

Missouri

$107.35M · $107,351,581

+10% YoY
05

Boise State

$48.11M · $48,109,196

+6% YoY
06

Buffalo

$40.83M · $40,834,648

+14% YoY
07

Arkansas State

$40.10M · $40,098,989

+2% YoY
08

Central Michigan

$39.99M · $39,989,495

+15% YoY
09

Georgia State

$39.55M · $39,546,233

+31% YoY
10

Texas State

$37.27M · $37,267,758

−3% YoY
11

App State

$36.94M · $36,940,867

+5% YoY
12

Western Michigan

$36.22M · $36,223,080

−6% YoY
13

Georgia Southern

$31.70M · $31,696,141

+10% YoY
14

University of Nebraska Omaha

$20.88M · $20,882,801

no prior year
15

UMBC

$16.74M · $16,737,191

−3% YoY
16

UT Arlington

$14.56M · $14,562,601

+4% YoY
17

Montana State University Billings

$5.44M · $5,443,722

+8% YoY
18

Ball State

$1.98M · $1,975,692

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.