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.
118Schools ranked
FY2022Fiscal year
$5737.36MCombined total operating revenues
831Reports parsed

All reported athletics operating revenues for the fiscal year.

Rank / schoolReported total operating revenuesChange
01

Texas

$239.29M · $239,290,648

+57% YoY
02

Michigan

$210.65M · $210,652,287

+108% YoY
03

Georgia

$203.05M · $203,048,566

+20% YoY
04

Texas A&M

$193.14M · $193,139,619

+19% YoY
05

Oklahoma

$177.32M · $177,320,217

+23% YoY
06

Michigan State

$172.80M · $172,799,513

no prior year
07

Indiana

$166.76M · $166,761,471

+114% YoY
08

Virginia

$161.92M · $161,916,231

no prior year
09

Florida State

$161.14M · $161,141,884

no prior year
10

Kentucky

$159.08M · $159,079,024

+31% YoY
11

Clemson

$158.28M · $158,283,618

+29% YoY
12

Iowa

$151.48M · $151,483,092

no prior year
13

Nebraska

$143.42M · $143,423,944

+56% YoY
14

South Carolina

$142.21M · $142,210,807

+5% YoY
15

Missouri

$141.16M · $141,157,028

+28% YoY
16

North Carolina

$122.60M · $122,603,567

no prior year
17

Arizona State

$121.08M · $121,079,615

no prior year
18

Rutgers

$109.60M · $109,601,529

no prior year
19

Maryland

$107.53M · $107,526,374

+77% YoY
20

Oklahoma State

$104.40M · $104,404,398

+62% YoY
21

UCLA

$103.06M · $103,061,344

+116% YoY
22

NC State

$102.39M · $102,387,569

+31% YoY
23

UConn

$99.04M · $99,041,960

no prior year
24

Oregon State

$83.48M · $83,480,015

+76% YoY
25

Army

$66.06M · $66,061,475

no prior year
26

UNLV

$64.24M · $64,243,413

+22% YoY
27

South Florida

$56.11M · $56,110,830

no prior year
28

East Carolina

$54.96M · $54,964,121

+26% YoY
29

Fresno State

$54.12M · $54,124,579

+83% YoY
30

University of Massachusetts, Amherst

$53.64M · $53,639,818

+25% YoY
31

Boise State

$50.57M · $50,569,147

+27% YoY
32

Wyoming

$50.26M · $50,255,884

no prior year
33

University of Hawaii, Manoa

$49.42M · $49,422,827

+11% YoY
34

Georgia State

$45.67M · $45,666,910

+50% YoY
35

VCU

$43.20M · $43,201,616

+21% YoY
36

Utah State

$43.16M · $43,157,838

+17% YoY
37

Florida International

$41.04M · $41,043,885

+7% YoY
38

Buffalo

$40.19M · $40,192,255

+11% YoY
39

Marshall

$39.34M · $39,338,519

no prior year
40

Florida Atlantic

$39.20M · $39,201,524

+17% YoY
41

Central Michigan

$39.00M · $39,002,244

+63% YoY
42

App State

$38.54M · $38,542,661

no prior year
43

UAB

$38.35M · $38,351,074

no prior year
44

Texas State

$37.29M · $37,288,587

+7% YoY
45

California Polytechnic State University

$37.13M · $37,134,737

no prior year
46

Stony Brook

$37.03M · $37,027,808

−2% YoY
47

Middle Tennessee

$35.61M · $35,614,512

+14% YoY
48

George Mason University

$35.16M · $35,162,841

+28% YoY
49

Binghamton

$34.84M · $34,835,289

no prior year
50

Eastern Michigan

$33.04M · $33,040,581

+35% YoY
51

Arkansas State

$32.38M · $32,376,515

no prior year
52

North Dakota

$30.86M · $30,859,877

no prior year
53

New Mexico State

$30.34M · $30,340,832

+19% YoY
54

Montana

$28.97M · $28,970,312

+58% YoY
55

Wichita State

$28.61M · $28,611,561

no prior year
56

Towson

$28.57M · $28,568,909

−12% YoY
57

Southern Miss

$28.36M · $28,361,867

+4% YoY
58

UAlbany

$27.30M · $27,295,306

+15% YoY
59

South Dakota State

$25.57M · $25,570,541

+28% YoY
60

Maine

$25.06M · $25,063,461

+26% YoY
61

UMBC

$23.49M · $23,488,196

no prior year
62

Milwaukee

$23.31M · $23,311,589

no prior year
63

College of Charleston (South Carolina)

$23.20M · $23,201,574

no prior year
64

Idaho

$23.01M · $23,013,225

+68% YoY
65

Northern Illinois

$22.18M · $22,177,045

no prior year
66

UC Santa Barbara

$21.72M · $21,720,136

+15% YoY
67

Sam Houston

$21.69M · $21,690,534

+5% YoY
68

NJIT

$20.66M · $20,660,097

+25% YoY
69

Lamar

$18.88M · $18,882,235

no prior year
70

Indiana State

$18.66M · $18,656,224

+18% YoY
71

Murray State University

$18.60M · $18,597,756

no prior year
72

The University of North Carolina at

$18.43M · $18,432,746

+10% YoY
73

UIC

$18.19M · $18,193,225

no prior year
74

Austin Peay State University

$17.64M · $17,641,703

+15% YoY
75

Oakland

$17.62M · $17,619,216

+13% YoY
76

University of Northern Iowa

$17.60M · $17,603,463

−26% YoY
77

Florida Gulf Coast University

$17.58M · $17,583,497

+6% YoY
78

California State University, Bakersfield

$17.22M · $17,216,224

−1% YoY
79

Portland State University

$16.84M · $16,839,891

−8% YoY
80

Northern Kentucky University

$16.47M · $16,467,014

no prior year
81

Western Carolina

$16.40M · $16,396,597

+13% YoY
82

Central Connecticut

$16.04M · $16,043,570

no prior year
83

University of North Carolina Wilmington

$15.99M · $15,989,714

+26% YoY
84

Weber State University

$15.84M · $15,842,365

+8% YoY
85

Alabama A&M

$14.01M · $14,006,086

no prior year
86

Purdue Fort Wayne

$13.30M · $13,300,194

no prior year
87

South Carolina State University

$13.27M · $13,271,355

+50% YoY
88

Eastern Washington

$12.89M · $12,886,340

−6% YoY
89

Eastern Illinois

$12.84M · $12,837,153

no prior year
90

Jackson State

$12.82M · $12,821,652

no prior year
91

University of Central Missouri

$12.57M · $12,570,036

+28% YoY
92

University of Missouri-Kansas City

$12.34M · $12,337,892

flat
93

Idaho State

$12.14M · $12,137,163

+30% YoY
94

Morehead State

$11.64M · $11,639,966

+27% YoY
95

Winthrop

$11.41M · $11,409,622

no prior year
96

North Carolina Central

$11.34M · $11,339,477

−2% YoY
97

University of West Florida

$11.16M · $11,160,594

+5% YoY
98

Morgan State

$11.13M · $11,126,282

no prior year
99

Michigan Tech

$10.34M · $10,344,813

+18% YoY
100

Western Illinois

$10.07M · $10,066,267

no prior year
101

University of Wisconsin-Green Bay

$9.50M · $9,500,254

+23% YoY
102

Nebraska-Kearney

$8.82M · $8,815,726

+15% YoY
103

Angelo State

$8.27M · $8,270,337

+13% YoY
104

Fort Lewis College

$7.05M · $7,048,306

+22% YoY
105

Midwestern State University

$6.89M · $6,886,085

+12% YoY
106

Black Hills State University

$6.76M · $6,762,666

+21% YoY
107

Emporia State University

$6.59M · $6,594,905

+14% YoY
108

Eastern New Mexico University

$6.22M · $6,223,323

+10% YoY
109

Alcorn State University

$6.16M · $6,159,503

no prior year
110

West Virginia State University

$6.01M · $6,009,268

no prior year
111

Montana State University Billings

$5.96M · $5,962,679

+8% YoY
112

New Mexico

$5.87M · $5,873,592

+16% YoY
113

Southeastern Oklahoma State

$5.31M · $5,305,242

+16% YoY
114

Georgia College

$4.87M · $4,873,701

+13% YoY
115

University of Minnesota, Crookston

$4.41M · $4,406,239

+7% YoY
116

Cameron University

$4.34M · $4,344,698

+11% YoY
117

Coppin State University

$4.09M · $4,091,289

no prior year
118

Missouri University of Science and

$1.60M · $1,598,499

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.