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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.
9Schools ranked
FY2019Fiscal year
$674.20MCombined total operating revenues
831Reports parsed

All reported athletics operating revenues for the fiscal year.

Rank / schoolReported total operating revenuesChange
01

Texas

$223.88M · $223,879,781

+2% YoY
02

Georgia

$174.04M · $174,042,482

−2% YoY
03

Virginia

$110.22M · $110,219,117

no prior year
04

Buffalo

$45.98M · $45,977,952

+13% YoY
05

Georgia State

$35.55M · $35,546,650

−10% YoY
06

Central Michigan

$34.94M · $34,942,574

−13% YoY
07

Northern Illinois

$28.06M · $28,057,388

no prior year
08

UT Arlington

$16.04M · $16,035,977

+10% YoY
09

Montana State University Billings

$5.50M · $5,502,212

+1% YoY
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.