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.
25Schools ranked
FY2020Fiscal year
$1140.89MCombined total operating revenues
831Reports parsed

All reported athletics operating revenues for the fiscal year.

Rank / schoolReported total operating revenuesChange
01

Georgia

$179.30M · $179,295,904

+3% YoY
02

Oklahoma

$159.12M · $159,116,745

no prior year
03

Missouri

$110.19M · $110,189,122

no prior year
04

Oregon State

$72.45M · $72,448,232

no prior year
05

Central Michigan

$65.17M · $65,167,264

+86% YoY
06

Boise State

$51.88M · $51,881,769

no prior year
07

Florida Atlantic

$40.11M · $40,113,869

no prior year
08

Buffalo

$38.77M · $38,769,015

−16% YoY
09

Texas State

$36.40M · $36,397,806

no prior year
10

App State

$34.95M · $34,946,428

no prior year
11

California Polytechnic State University

$34.27M · $34,265,119

no prior year
12

Western Michigan

$33.20M · $33,195,174

no prior year
13

Marshall

$32.40M · $32,399,083

no prior year
14

Georgia State

$32.15M · $32,152,497

−10% YoY
15

Georgia Southern

$29.08M · $29,077,794

no prior year
16

New Mexico State

$28.76M · $28,761,802

no prior year
17

Southern Miss

$25.63M · $25,628,133

no prior year
18

Kennesaw State

$25.07M · $25,069,601

no prior year
19

Northern Illinois

$22.02M · $22,017,213

−22% YoY
20

Murray State University

$18.22M · $18,217,751

no prior year
21

North Carolina A&T State University

$16.47M · $16,471,335

no prior year
22

UMBC

$15.75M · $15,747,501

no prior year
23

Florida Gulf Coast University

$15.35M · $15,347,432

no prior year
24

Idaho State

$12.67M · $12,668,435

no prior year
25

Eastern Illinois

$11.55M · $11,547,364

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.