In fiscal year 2024, Florida International University (FIU)'s Football program reported $3.2M in revenue and $11.7M in expenses, for a net deficit of $8.4M. The program generated $3.2M in total revenue, led by Guarantees at $1.8M. Among the 78 FBS programs reporting Football data, Florida International University ranks 69th overall in total expenses (27th of 36 Group of Five programs) — below the FBS average of $36.5M. Florida International University competes in the C-USA; financial data is available from FY2010 through FY2024.
| Category | Amount |
|---|---|
| Guarantees | $1,750,000 |
| Ticket Sales | $597,895 |
| Contributions | $462,249 |
| Indirect Institutional Support | $361,786 |
| Program, Novelty, Parking and Concession Sales | $67,358 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $3,506,030 |
| Athletic Student Aid | $2,503,026 |
| Team Travel | $1,325,060 |
| Game Expenses | $914,424 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $789,635 |
| Other Operating Expenses | $755,486 |
| Sports Equipment, Uniforms and Supplies | $562,343 |
| Indirect Institutional Support | $361,786 |
| Recruiting | $294,301 |
| Guarantees | $250,000 |
| Memberships and Dues | $171,628 |
| Medical Expenses and Insurance | $156,872 |
| Student-Athlete Meals (non-travel) | $41,505 |
| Direct Overhead and Administrative Expenses | $22,463 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $40 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2024 | $3,239,288 | $11,654,599 | -$8.4M |
| FY2023 | $3,192,914 | $11,363,820 | -$8.2M |
| FY2022 | $3,492,168 | $9,887,723 | -$6.4M |
| FY2021 | $2,801,534 | $11,408,356 | -$8.6M |
| FY2020 | $3,172,288 | $14,390,494 | -$11.2M |
| FY2019 | $4,298,635 | $14,993,021 | -$10.7M |
The football program generated $3.2 million in FY2024 revenue, with guarantees — payments received for playing games against higher-profile opponents — accounting for $1.8 million, or more than half of total revenue. Against $11.7 million in expenses, the program ran an $8.4 million deficit, with coaching salaries, benefits, and bonuses representing the largest cost at $3.5 million. At just 32% of the FBS average expense level of $36.5 million, FIU ranked 69th out of 78 FBS programs in spending, reflecting a lean operational footprint that has trended notably downward from its $15.
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