In fiscal year 2024, Florida Atlantic University's Men's Basketball program reported $3.1M in revenue and $5.5M in expenses, for a net deficit of $2.4M. The program generated $3.1M in total revenue, led by Contributions at $1.7M. Among the 78 FBS programs reporting Men's Basketball data, Florida Atlantic University ranks 51st overall in total expenses (9th of 36 Group of Five programs) — below the FBS average of $10.2M. Florida Atlantic University competes in the American; financial data is available from FY2017 through FY2024.
| Category | Amount |
|---|---|
| Contributions | $1,719,017 |
| Ticket Sales | $511,071 |
| Indirect Institutional Support | $416,924 |
| Guarantees | $290,000 |
| Direct Institutional Support | $143,219 |
| Program, Novelty, Parking and Concession Sales | $58,849 |
| Other Operating Revenue | $4,508 |
| Royalties, Licensing, Advertisement and Sponsorships | $1,498 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $2,677,342 |
| Team Travel | $720,510 |
| Game Expenses | $431,913 |
| Indirect Institutional Support | $416,924 |
| Other Operating Expenses | $278,207 |
| Direct Overhead and Administrative Expenses | $277,704 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $236,915 |
| Athletic Student Aid | $159,313 |
| Recruiting | $94,036 |
| Fund Raising, Marketing and Promotion | $66,162 |
| Student-Athlete Meals (non-travel) | $64,523 |
| Sports Equipment, Uniforms and Supplies | $59,816 |
| Guarantees | $50,000 |
| Medical Expenses and Insurance | $7,127 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2024 | $3,145,086 | $5,540,492 | -$2.4M |
| FY2023 | $1,986,654 | $3,807,556 | -$1.8M |
| FY2022 | $1,140,470 | $2,740,894 | -$1.6M |
| FY2021 | $147,004 | $1,794,893 | -$1.6M |
| FY2020 | $611,768 | $2,049,793 | -$1.4M |
| FY2019 | $267,663 | $1,987,175 | -$1.7M |
The Men's Basketball program generated $3.1 million in revenue in FY2024, with contributions accounting for the majority at $1.7 million, while $5.5 million in expenses produced a $2.4 million deficit. Coaching salaries, benefits, and bonuses represented the program's single largest cost at $2.7 million, nearly half of total spending. Expenses have grown dramatically in recent years, more than doubling from $2.7 million in FY2022 to $5.5 million in FY2024, likely reflecting investment in the program following its 2023 Final Four run, though total spending remains well below the FBS average of
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