In fiscal year 2024, Florida Atlantic University's Football program reported $8.1M in revenue and $16.7M in expenses, for a net deficit of $8.6M. The program generated $8.1M in total revenue, led by Indirect Institutional Support at $2.5M. Among the 78 FBS programs reporting Football data, Florida Atlantic University ranks 54th overall in total expenses (12th of 36 Group of Five programs) — below the FBS average of $36.5M. Florida Atlantic University competes in the American; financial data is available from FY2017 through FY2024.
| Category | Amount |
|---|---|
| Indirect Institutional Support | $2,502,183 |
| Guarantees | $2,400,000 |
| Contributions | $1,250,340 |
| Ticket Sales | $924,184 |
| Direct Institutional Support | $652,389 |
| Program, Novelty, Parking and Concession Sales | $317,065 |
| Other Operating Revenue | $44,431 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $3,508,965 |
| Indirect Institutional Support | $2,502,183 |
| Team Travel | $1,760,743 |
| Student-Athlete Meals (non-travel) | $1,678,696 |
| Game Expenses | $1,669,809 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $1,596,767 |
| Athletic Student Aid | $883,430 |
| Direct Overhead and Administrative Expenses | $808,899 |
| Sports Equipment, Uniforms and Supplies | $701,125 |
| Guarantees | $535,000 |
| Recruiting | $466,479 |
| Other Operating Expenses | $400,580 |
| Medical Expenses and Insurance | $125,576 |
| Fund Raising, Marketing and Promotion | $48,206 |
| Spirit Groups | $1,729 |
| Memberships and Dues | $230 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2024 | $8,090,592 | $16,688,417 | -$8.6M |
| FY2023 | $8,003,657 | $15,116,327 | -$7.1M |
| FY2022 | $8,772,325 | $13,549,419 | -$4.8M |
| FY2021 | $2,424,177 | $8,017,146 | -$5.6M |
| FY2020 | $7,710,886 | $11,026,847 | -$3.3M |
| FY2019 | $3,298,610 | $10,506,252 | -$7.2M |
The football program generated $8.1 million in revenue against $16.7 million in expenses in FY2024, producing a deficit of $8.6 million, with Indirect Institutional Support serving as the top revenue source at $2.5 million. Coaching salaries, benefits, and bonuses represented the program's single largest expense at $3.5 million, part of a broader spending trend that has seen total expenses climb steadily from $8.0 million in FY2021 to their current level. At $16.7 million, the program's expenses rank 54th among 78 FBS programs and remain well below the FBS average of $36.
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