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.
182Schools ranked
FY2023Fiscal year
$6831.49MCombined total operating revenues
831Reports parsed

All reported athletics operating revenues for the fiscal year.

Rank / schoolReported total operating revenuesChange
01

Texas

$271.13M · $271,129,326

+13% YoY
02

Michigan

$229.56M · $229,561,279

+9% YoY
03

Georgia

$210.11M · $210,108,069

+3% YoY
04

Nebraska

$204.83M · $204,831,356

+43% YoY
05

Alabama

$199.91M · $199,913,763

no prior year
06

Oklahoma

$199.30M · $199,295,570

+12% YoY
07

Clemson

$195.98M · $195,984,260

+24% YoY
08

Michigan State

$170.65M · $170,654,025

−1% YoY
09

Florida State

$169.56M · $169,558,790

+5% YoY
10

Iowa

$167.42M · $167,417,806

+11% YoY
11

Indiana

$144.71M · $144,706,586

−13% YoY
12

Missouri

$141.56M · $141,558,287

flat
13

North Carolina

$139.35M · $139,353,091

+14% YoY
14

Georgia Tech

$133.77M · $133,771,921

no prior year
15

Rutgers

$125.48M · $125,478,340

+14% YoY
16

Purdue

$124.29M · $124,290,313

no prior year
17

Oklahoma State

$122.01M · $122,009,946

+17% YoY
18

NC State

$121.44M · $121,444,506

+19% YoY
19

Maryland

$121.18M · $121,183,392

+13% YoY
20

Mississippi State

$115.66M · $115,664,788

no prior year
21

Arizona State

$114.51M · $114,507,872

−5% YoY
22

UCLA

$105.42M · $105,421,505

+2% YoY
23

San Diego State

$103.93M · $103,930,691

no prior year
24

UConn

$93.12M · $93,115,408

−6% YoY
25

Binghamton

$90.34M · $90,338,150

+159% YoY
26

South Florida

$70.59M · $70,586,517

+26% YoY
27

East Carolina

$63.25M · $63,254,255

+15% YoY
28

Boise State

$60.65M · $60,653,009

+20% YoY
29

University of Massachusetts, Amherst

$58.44M · $58,440,119

+9% YoY
30

University of Hawaii, Manoa

$53.87M · $53,867,030

+9% YoY
31

Utah State

$51.79M · $51,789,705

+20% YoY
32

Nevada

$49.53M · $49,533,190

no prior year
33

Fresno State

$48.94M · $48,938,712

−10% YoY
34

Charlotte

$46.38M · $46,375,725

no prior year
35

VCU

$44.86M · $44,859,067

+4% YoY
36

Florida Atlantic

$44.68M · $44,684,229

+14% YoY
37

Florida International

$42.82M · $42,818,447

+4% YoY
38

California Polytechnic State University

$41.28M · $41,282,971

+11% YoY
39

Western Michigan

$41.22M · $41,215,879

no prior year
40

Middle Tennessee

$40.86M · $40,864,916

+15% YoY
41

Marshall

$40.81M · $40,811,277

+4% YoY
42

UAB

$40.53M · $40,530,725

+6% YoY
43

Texas State

$40.01M · $40,007,172

+7% YoY
44

Buffalo

$39.86M · $39,856,875

−1% YoY
45

Georgia State

$38.84M · $38,838,368

−15% YoY
46

Stony Brook

$38.79M · $38,791,409

+5% YoY
47

Eastern Michigan

$35.65M · $35,651,284

+8% YoY
48

Rhode Island

$35.64M · $35,639,535

no prior year
49

Central Michigan

$34.64M · $34,639,371

−11% YoY
50

New Hampshire

$34.46M · $34,460,142

no prior year
51

William & Mary

$34.04M · $34,044,806

no prior year
52

George Mason University

$34.03M · $34,033,149

−3% YoY
53

Arkansas State

$32.84M · $32,840,538

+1% YoY
54

North Dakota State

$32.38M · $32,377,629

no prior year
55

New Mexico State

$31.78M · $31,776,453

+5% YoY
56

Missouri State

$31.08M · $31,079,541

no prior year
57

Towson

$30.36M · $30,360,782

+6% YoY
58

Ball State

$30.27M · $30,273,216

no prior year
59

Illinois State University

$29.89M · $29,887,805

no prior year
60

Kennesaw State

$29.54M · $29,537,274

no prior year
61

UAlbany

$28.11M · $28,113,095

+3% YoY
62

Maine

$27.96M · $27,955,180

+12% YoY
63

South Dakota State

$27.78M · $27,778,456

+9% YoY
64

UC Irvine

$27.24M · $27,235,360

no prior year
65

UC Santa Barbara

$27.03M · $27,034,717

+24% YoY
66

Montana

$26.49M · $26,487,487

−9% YoY
67

University of Nebraska Omaha

$25.09M · $25,091,616

no prior year
68

Stephen F. Austin State University

$24.89M · $24,888,669

no prior year
69

Northern Illinois

$24.16M · $24,157,870

+9% YoY
70

Vermont

$24.10M · $24,096,669

no prior year
71

Sam Houston

$23.61M · $23,611,322

+9% YoY
72

California State University, Fullerton

$23.31M · $23,314,883

no prior year
73

Eastern Kentucky

$23.09M · $23,088,926

no prior year
74

Murray State University

$22.94M · $22,942,883

+23% YoY
75

Austin Peay State University

$22.85M · $22,852,145

+30% YoY
76

NJIT

$22.81M · $22,808,094

+10% YoY
77

Idaho

$22.19M · $22,190,857

−4% YoY
78

Grand Valley State University

$22.12M · $22,115,493

no prior year
79

California State University, Northridge

$21.45M · $21,446,002

no prior year
80

UIC

$21.33M · $21,332,783

+17% YoY
81

Lamar

$21.29M · $21,287,614

+13% YoY
82

College of Charleston (South Carolina)

$21.23M · $21,229,350

−9% YoY
83

Tarleton State University

$21.02M · $21,015,089

no prior year
84

UC Riverside

$19.52M · $19,521,948

no prior year
85

Morgan State

$19.47M · $19,470,158

+75% YoY
86

Indiana State

$19.15M · $19,145,641

+3% YoY
87

Southern Illinois University at Carbondale

$19.11M · $19,114,255

no prior year
88

The University of North Carolina at

$18.57M · $18,573,575

+1% YoY
89

Florida Gulf Coast University

$18.45M · $18,445,885

+5% YoY
90

Milwaukee

$18.24M · $18,236,852

−22% YoY
91

University of North Carolina Wilmington

$18.05M · $18,049,805

+13% YoY
92

West Texas A&M University

$17.88M · $17,875,095

no prior year
93

California State University, Bakersfield

$17.58M · $17,575,179

+2% YoY
94

Weber State University

$17.36M · $17,357,903

+10% YoY
95

Oakland

$17.11M · $17,105,431

−3% YoY
96

Southern Utah University

$17.10M · $17,102,758

no prior year
97

Western Carolina

$17.10M · $17,097,579

+4% YoY
98

Central Connecticut

$16.87M · $16,873,996

+5% YoY
99

Northern Kentucky University

$16.82M · $16,822,549

+2% YoY
100

Alabama A&M

$16.67M · $16,669,001

+19% YoY
101

North Carolina A&T State University

$16.22M · $16,224,649

no prior year
102

University of Missouri-Kansas City

$15.68M · $15,677,613

+27% YoY
103

Northern Michigan University

$15.06M · $15,063,567

no prior year
104

Eastern Illinois

$14.76M · $14,762,009

+15% YoY
105

Longwood

$14.67M · $14,665,447

no prior year
106

Purdue Fort Wayne

$14.30M · $14,298,720

+8% YoY
107

St. Cloud State University

$14.16M · $14,163,034

no prior year
108

Portland State University

$14.06M · $14,062,740

−16% YoY
109

University of Central Missouri

$13.47M · $13,470,956

+7% YoY
110

Jackson State

$13.44M · $13,441,210

+5% YoY
111

Northwestern State

$13.19M · $13,186,436

no prior year
112

Minnesota Duluth

$13.02M · $13,024,931

no prior year
113

Morehead State

$12.86M · $12,858,995

+10% YoY
114

West Chester University of Pennsylvania

$12.70M · $12,700,633

no prior year
115

Shippensburg University of Pennsylvania

$12.70M · $12,698,734

no prior year
116

Winthrop

$12.06M · $12,064,891

+6% YoY
117

Ferris State

$11.87M · $11,869,093

no prior year
118

Northwest Missouri State

$11.72M · $11,724,151

no prior year
119

South Carolina State University

$11.65M · $11,654,157

−12% YoY
120

University of West Florida

$11.65M · $11,649,987

+4% YoY
121

Michigan Tech

$11.15M · $11,153,216

+8% YoY
122

Southern Illinois University Edwardsville

$11.14M · $11,139,376

no prior year
123

University of West Georgia

$11.10M · $11,101,309

no prior year
124

East Stroudsburg University of

$10.81M · $10,813,176

no prior year
125

Texas A&M-Kingsville

$10.77M · $10,770,263

no prior year
126

University of Wisconsin-Green Bay

$10.19M · $10,188,963

+7% YoY
127

Western Illinois

$10.17M · $10,173,455

+1% YoY
128

California State Polytechnic University,

$10.00M · $10,002,343

no prior year
129

Nebraska-Kearney

$9.61M · $9,606,001

+9% YoY
130

Missouri Western State University

$9.56M · $9,561,876

no prior year
131

Emporia State University

$9.54M · $9,541,823

+45% YoY
132

California State University San Marcos

$9.08M · $9,084,871

no prior year
133

Bloomsburg University of Pennsylvania

$9.07M · $9,074,874

no prior year
134

Central Washington

$8.93M · $8,927,476

no prior year
135

Kutztown University of Pennsylvania

$8.67M · $8,671,016

no prior year
136

Angelo State

$8.37M · $8,367,886

+1% YoY
137

Millersville University of Pennsylvania

$8.37M · $8,367,525

no prior year
138

Lock Haven University of Pennsylvania

$8.18M · $8,175,690

no prior year
139

Chicago State University

$8.17M · $8,172,463

no prior year
140

Western Colorado University

$7.85M · $7,854,438

no prior year
141

Metropolitan State University of Denver

$7.85M · $7,849,906

no prior year
142

University of Colorado, Colorado Springs

$7.66M · $7,658,804

no prior year
143

Southwestern Oklahoma State University

$7.55M · $7,549,318

no prior year
144

Purdue University Northwest

$7.37M · $7,368,326

no prior year
145

Eastern New Mexico University

$7.36M · $7,357,019

+18% YoY
146

Sonoma State University

$7.24M · $7,241,664

no prior year
147

Fort Lewis College

$7.24M · $7,237,583

+3% YoY
148

Frostburg State

$7.19M · $7,188,364

no prior year
149

Texas A&M International University

$7.16M · $7,162,888

no prior year
150

California State University, East Bay

$7.12M · $7,121,812

no prior year
151

California State University, Los Angeles

$7.11M · $7,110,200

no prior year
152

California State University, Chico

$7.10M · $7,103,921

no prior year
153

Montana State University Billings

$7.09M · $7,088,070

+19% YoY
154

University of Texas Permian Basin

$6.91M · $6,910,570

no prior year
155

University of North Georgia

$6.76M · $6,761,866

no prior year
156

Midwestern State University

$6.74M · $6,744,568

−2% YoY
157

Western Washington University

$6.73M · $6,727,716

no prior year
158

New Mexico Highlands University

$6.69M · $6,692,356

no prior year
159

Northeastern State University

$6.58M · $6,575,134

no prior year
160

West Liberty University

$6.32M · $6,322,049

no prior year
161

Minnesota State Moorhead

$6.09M · $6,085,659

no prior year
162

Augusta University

$6.03M · $6,032,924

no prior year
163

Southeastern Oklahoma State

$5.97M · $5,972,774

+13% YoY
164

Truman State

$5.71M · $5,710,971

no prior year
165

Bowie State University

$5.51M · $5,506,582

no prior year
166

California State University, Monterey Bay

$5.42M · $5,422,676

no prior year
167

West Virginia State University

$5.36M · $5,357,829

−11% YoY
168

Texas Woman's University

$5.25M · $5,251,829

no prior year
169

Georgia College

$5.25M · $5,245,922

+8% YoY
170

University of Minnesota, Crookston

$4.97M · $4,965,810

+13% YoY
171

Lake Superior State University

$4.92M · $4,915,741

no prior year
172

Queens College (New York)

$4.88M · $4,878,715

no prior year
173

Cameron University

$4.71M · $4,707,531

+8% YoY
174

University of the District of Columbia

$4.69M · $4,686,267

no prior year
175

Fort Valley State

$4.51M · $4,514,722

no prior year
176

Winston-Salem State University

$4.41M · $4,409,028

no prior year
177

Columbus State University

$4.31M · $4,314,197

no prior year
178

Coppin State University

$4.21M · $4,210,616

+3% YoY
179

Mansfield University of Pennsylvania

$3.82M · $3,817,462

no prior year
180

Albany State University (Georgia)

$3.49M · $3,490,602

no prior year
181

Savannah State University

$1.75M · $1,751,556

no prior year
182

College of Staten Island

$1.52M · $1,519,460

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.