In fiscal year 2024, Florida International University (FIU)'s Men's Basketball program reported $389K in revenue and $2.7M in expenses, for a net deficit of $2.3M. The largest revenue source was Guarantees at $170K. Among the 78 FBS programs reporting Men's Basketball data, Florida International University ranks 71st overall in total expenses (29th of 36 Group of Five programs) — below the FBS average of $10.2M. Florida International University competes in the C-USA; financial data is available from FY2010 through FY2024.
| Category | Amount |
|---|---|
| Guarantees | $170,000 |
| Indirect Institutional Support | $120,054 |
| Contributions | $64,612 |
| Ticket Sales | $34,279 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $1,293,735 |
| Athletic Student Aid | $357,495 |
| Team Travel | $281,051 |
| Game Expenses | $183,153 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $149,185 |
| Indirect Institutional Support | $120,054 |
| Student-Athlete Meals (non-travel) | $97,301 |
| Recruiting | $62,822 |
| Sports Equipment, Uniforms and Supplies | $59,692 |
| Memberships and Dues | $40,692 |
| Guarantees | $37,500 |
| Other Operating Expenses | $32,746 |
| Medical Expenses and Insurance | $12,572 |
| Direct Overhead and Administrative Expenses | $9,121 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $1,362 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2024 | $388,945 | $2,738,481 | -$2.3M |
| FY2023 | $389,658 | $2,789,919 | -$2.4M |
| FY2022 | $480,281 | $2,521,717 | -$2.0M |
| FY2021 | $478,252 | $1,866,166 | -$1.4M |
| FY2020 | $548,680 | $2,043,735 | -$1.5M |
| FY2019 | $492,473 | $1,914,503 | -$1.4M |
The men's basketball program generated just $389K in FY2024 revenue, with guarantees — likely payments received for playing road games against larger programs — accounting for $170K of that total, while expenses of $2.7M produced a $2.3M deficit. Coaching salaries, benefits, and bonuses represented the program's single largest cost at $1.3M, nearly half of all expenditures. At $2.7M in total expenses, the program ranks 71st out of 78 FBS programs and spends well below the FBS average of $10.2M, though spending has gradually trended upward from $1.9M in FY2019
Football · Women's Basketball · Baseball · Soccer · Volleyball · Swimming and Diving · Softball · Tennis · Golf · Track and Field · Beach Volleyball