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.
115Schools ranked
FY2021Fiscal year
$3965.66MCombined total operating revenues
831Reports parsed

All reported athletics operating revenues for the fiscal year.

Rank / schoolReported total operating revenuesChange
01

Georgia

$169.06M · $169,064,656

−6% YoY
02

Texas A&M

$161.87M · $161,870,328

no prior year
03

Texas

$152.70M · $152,696,006

no prior year
04

Oklahoma

$143.67M · $143,668,948

−10% YoY
05

South Carolina

$135.16M · $135,157,386

no prior year
06

Clemson

$123.13M · $123,132,804

no prior year
07

Kentucky

$121.48M · $121,477,527

no prior year
08

Mississippi State

$112.89M · $112,890,415

no prior year
09

Missouri

$110.46M · $110,458,144

flat
10

Ohio State

$106.90M · $106,896,918

no prior year
11

Arizona

$101.78M · $101,776,916

no prior year
12

Michigan

$101.24M · $101,236,069

no prior year
13

Nebraska

$92.09M · $92,093,093

no prior year
14

Georgia Tech

$86.20M · $86,198,858

no prior year
15

NC State

$78.22M · $78,224,410

no prior year
16

Indiana

$78.08M · $78,083,857

no prior year
17

Purdue

$74.18M · $74,183,342

no prior year
18

Oklahoma State

$64.50M · $64,498,660

no prior year
19

Maryland

$60.90M · $60,901,167

no prior year
20

UNLV

$52.64M · $52,637,180

no prior year
21

UCLA

$47.65M · $47,652,914

no prior year
22

Oregon State

$47.34M · $47,341,469

−35% YoY
23

University of Hawaii, Manoa

$44.64M · $44,641,605

no prior year
24

East Carolina

$43.69M · $43,693,291

no prior year
25

University of Massachusetts, Amherst

$42.80M · $42,803,582

no prior year
26

Boise State

$39.92M · $39,920,577

−23% YoY
27

University of California, Davis

$39.09M · $39,094,459

no prior year
28

Florida International

$38.48M · $38,476,796

no prior year
29

Stony Brook

$37.69M · $37,690,752

no prior year
30

Charlotte

$37.41M · $37,406,789

no prior year
31

Utah State

$36.84M · $36,841,415

no prior year
32

Buffalo

$36.27M · $36,268,695

−6% YoY
33

VCU

$35.64M · $35,638,244

no prior year
34

Nevada

$35.24M · $35,241,573

no prior year
35

San José State

$35.16M · $35,160,024

no prior year
36

Texas State

$34.87M · $34,871,441

−4% YoY
37

Florida Atlantic

$33.61M · $33,610,768

−16% YoY
38

Towson

$32.53M · $32,530,951

no prior year
39

Middle Tennessee

$31.19M · $31,190,904

no prior year
40

Georgia State

$30.48M · $30,481,854

−5% YoY
41

Illinois State University

$30.30M · $30,299,889

no prior year
42

Fresno State

$29.58M · $29,582,635

no prior year
43

George Mason University

$27.41M · $27,414,373

no prior year
44

Southern Miss

$27.33M · $27,332,585

+7% YoY
45

Rhode Island

$27.18M · $27,182,145

no prior year
46

Western Michigan

$26.81M · $26,813,945

−19% YoY
47

Kennesaw State

$26.33M · $26,328,338

+5% YoY
48

New Mexico State

$25.49M · $25,489,278

−11% YoY
49

Eastern Michigan

$24.52M · $24,524,114

no prior year
50

Central Michigan

$23.95M · $23,954,837

−63% YoY
51

University of Northern Iowa

$23.92M · $23,922,554

no prior year
52

UAlbany

$23.76M · $23,762,035

no prior year
53

Ball State

$23.38M · $23,376,436

no prior year
54

North Dakota State

$22.17M · $22,169,077

no prior year
55

Stephen F. Austin State University

$20.66M · $20,664,881

no prior year
56

Sam Houston

$20.60M · $20,598,695

no prior year
57

South Dakota State

$20.00M · $19,997,331

no prior year
58

Maine

$19.87M · $19,865,610

no prior year
59

South Dakota

$18.94M · $18,944,931

no prior year
60

UC Santa Barbara

$18.94M · $18,938,411

no prior year
61

University of Massachusetts Lowell

$18.80M · $18,796,220

no prior year
62

Montana

$18.35M · $18,350,663

no prior year
63

Portland State University

$18.28M · $18,283,136

no prior year
64

Montana State

$18.08M · $18,084,638

no prior year
65

California State University, Northridge

$17.98M · $17,981,183

no prior year
66

California State University, Fullerton

$17.83M · $17,826,519

no prior year
67

Eastern Kentucky

$17.48M · $17,482,574

no prior year
68

California State University, Bakersfield

$17.43M · $17,432,328

no prior year
69

The University of North Carolina at

$16.79M · $16,790,421

no prior year
70

East Tennessee State

$16.79M · $16,790,075

no prior year
71

Florida Gulf Coast University

$16.53M · $16,527,923

+8% YoY
72

NJIT

$16.51M · $16,509,645

no prior year
73

Indiana State

$15.78M · $15,777,037

no prior year
74

Oakland

$15.60M · $15,602,101

no prior year
75

Austin Peay State University

$15.39M · $15,393,966

no prior year
76

Southern Illinois University at Carbondale

$14.78M · $14,777,583

no prior year
77

Weber State University

$14.64M · $14,635,851

no prior year
78

Western Carolina

$14.57M · $14,567,011

no prior year
79

North Carolina A&T State University

$14.15M · $14,151,159

−14% YoY
80

University of Nebraska Omaha

$14.07M · $14,073,242

no prior year
81

Idaho

$13.73M · $13,732,065

no prior year
82

Eastern Washington

$13.71M · $13,709,668

no prior year
83

University of North Carolina Wilmington

$12.72M · $12,721,510

no prior year
84

University of Missouri-Kansas City

$12.37M · $12,366,778

no prior year
85

North Alabama

$12.00M · $11,997,675

no prior year
86

North Carolina Central

$11.53M · $11,528,177

no prior year
87

University of West Florida

$10.65M · $10,649,928

no prior year
88

Southern Illinois University Edwardsville

$9.91M · $9,911,257

no prior year
89

University of Central Missouri

$9.81M · $9,806,830

no prior year
90

Idaho State

$9.35M · $9,354,964

−26% YoY
91

Morehead State

$9.14M · $9,136,480

no prior year
92

UNC Asheville

$9.13M · $9,133,236

no prior year
93

South Carolina State University

$8.82M · $8,820,247

no prior year
94

Michigan Tech

$8.75M · $8,750,357

no prior year
95

University of Wisconsin-Green Bay

$7.74M · $7,740,467

no prior year
96

Nebraska-Kearney

$7.64M · $7,644,630

no prior year
97

Angelo State

$7.33M · $7,334,786

no prior year
98

Central Washington

$6.77M · $6,771,200

no prior year
99

University of North Georgia

$6.20M · $6,197,192

no prior year
100

Midwestern State University

$6.12M · $6,121,489

no prior year
101

University of Colorado, Colorado Springs

$5.89M · $5,889,331

no prior year
102

Emporia State University

$5.81M · $5,808,509

no prior year
103

Fort Lewis College

$5.76M · $5,761,688

no prior year
104

West Liberty University

$5.71M · $5,707,982

no prior year
105

Eastern New Mexico University

$5.64M · $5,641,162

no prior year
106

Black Hills State University

$5.61M · $5,607,090

no prior year
107

Montana State University Billings

$5.50M · $5,502,954

no prior year
108

University of Missouri–St. Louis

$5.32M · $5,321,420

no prior year
109

New Mexico

$5.06M · $5,064,275

no prior year
110

Southeastern Oklahoma State

$4.58M · $4,580,731

no prior year
111

Georgia College

$4.32M · $4,322,650

no prior year
112

University of Minnesota, Crookston

$4.14M · $4,135,314

no prior year
113

Cameron University

$3.90M · $3,902,237

no prior year
114

University of Maryland Eastern Shore

$3.75M · $3,750,426

no prior year
115

Albany State University (Georgia)

$2.54M · $2,537,667

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.