Apr 22, 2021
10:00:42am
10:00:42am
Interesting tidbits from the NCAA Finances of Intercollegiate Athletics report.
The report is for fiscal 2019, ending June 30. It groups the 130 schools into autonomous and non-autonomous groups.
Median expenses, for autonomous schools, outpaced revenues $7M. The median expenses were $23M greater than revenue, at non-autonomous schools.
In FBS, operating revenues ranged from a $44M surplus to a $65M shortfall. Every FCS athletic department required subsidies to counterbalance revenue shortfall. Subsidies ranged from $2M to $44M.
25 departments, all in autonomous conferences, reported a surplus. The median surplus was $7.9M.
The three NCAA divisions spent a combined $18.9B. Of that amount, $3.6B went to financial aid and $3.7B was used for coaches’ salaries.
Over the past five years, median institutional support for autonomous schools decreased 9% while it increased 18% for the rest of FBS schools.
Median expenses, for autonomous schools, outpaced revenues $7M. The median expenses were $23M greater than revenue, at non-autonomous schools.
In FBS, operating revenues ranged from a $44M surplus to a $65M shortfall. Every FCS athletic department required subsidies to counterbalance revenue shortfall. Subsidies ranged from $2M to $44M.
25 departments, all in autonomous conferences, reported a surplus. The median surplus was $7.9M.
The three NCAA divisions spent a combined $18.9B. Of that amount, $3.6B went to financial aid and $3.7B was used for coaches’ salaries.
Over the past five years, median institutional support for autonomous schools decreased 9% while it increased 18% for the rest of FBS schools.
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