In fiscal year 2025, Appalachian State University (APP)'s Men's Basketball program reported $632K in revenue and $2.8M in expenses, for a net deficit of $2.1M. The largest revenue source was Ticket Sales at $307K. Among the 78 FBS programs reporting Men's Basketball data, Appalachian State University ranks 70th overall in total expenses (28th of 36 Group of Five programs) — below the FBS average of $10.2M. Appalachian State University competes in the Sun Belt; financial data is available from FY2021 through FY2025.
| Category | Amount |
|---|---|
| Ticket Sales | $306,917 |
| Guarantees | $155,000 |
| Contributions | $82,862 |
| Program, Novelty, Parking and Concession Sales | $69,128 |
| In-Kind | $11,527 |
| Athletics Restricted Endowment and Investments Income | $6,124 |
| Other Operating Revenue | $305 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $1,313,813 |
| Team Travel | $493,998 |
| Athletic Student Aid | $374,958 |
| Game Expenses | $191,666 |
| Sports Equipment, Uniforms and Supplies | $73,924 |
| Recruiting | $60,812 |
| Guarantees | $57,300 |
| Student-Athlete Meals (non-travel) | $47,586 |
| Enhanced Educational Benefits (Alston or other) | $46,359 |
| Other Operating Expenses | $46,249 |
| Fund Raising, Marketing and Promotion | $26,481 |
| Spirit Groups | $9,617 |
| Facilities Maintenance and Operations | $8,142 |
| Medical Expenses and Insurance | $4,112 |
| Direct Overhead and Administrative Expenses | $3,249 |
| Memberships and Dues | $935 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $631,863 | $2,759,201 | -$2.1M |
| FY2024 | $1,008,132 | $2,701,862 | -$1.7M |
| FY2023 | $553,384 | $2,267,623 | -$1.7M |
| FY2022 | $427,907 | $2,030,131 | -$1.6M |
| FY2021 | $71,776 | $1,644,248 | -$1.6M |
The Men's Basketball program generated $632K in revenue in FY2025, with ticket sales leading the way at $307K, while expenses of $2.8M — driven primarily by $1.3M in coaching salaries and benefits — produced a deficit of approximately $2.1M. At $2.8M in total expenses, the program ranks 70th out of 78 FBS programs and 29th among 37 Group of Five schools, spending well below the FBS average of $10.2M. Expenses have grown steadily from $1.6M in FY2021, representing a 75% increase over the four-year period.
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