In fiscal year 2025, James Madison University's Men's Basketball program reported $793K in revenue and $4.4M in expenses, for a net deficit of $3.6M. The largest revenue source was Ticket Sales at $427K. Among the 78 FBS programs reporting Men's Basketball data, James Madison University ranks 53rd overall in total expenses (11th of 36 Group of Five programs) — below the FBS average of $10.2M. James Madison University competes in the Sun Belt; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Ticket Sales | $426,649 |
| Contributions | $142,350 |
| Direct Institutional Support | $118,865 |
| Guarantees | $85,000 |
| Royalties, Licensing, Advertisement and Sponsorships | $14,768 |
| In-Kind | $5,600 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $1,606,990 |
| Athletic Student Aid | $601,977 |
| Team Travel | $561,763 |
| Facilities Maintenance and Operations | $331,010 |
| Game Expenses | $310,920 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $285,515 |
| Fund Raising, Marketing and Promotion | $202,706 |
| Recruiting | $162,261 |
| Sports Equipment, Uniforms and Supplies | $123,662 |
| Guarantees | $77,500 |
| Student-Athlete Meals (non-travel) | $56,964 |
| Other Operating Expenses | $46,224 |
| Direct Overhead and Administrative Expenses | $36,801 |
| Medical Expenses and Insurance | $3,138 |
| Memberships and Dues | $1,375 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $793,232 | $4,408,806 | -$3.6M |
| FY2024 | $1,934,589 | $5,457,035 | -$3.5M |
| FY2023 | $881,168 | $3,892,786 | -$3.0M |
| FY2022 | $480,510 | $3,544,046 | -$3.1M |
| FY2021 | $361,284 | $3,357,397 | -$3.0M |
| FY2020 | $323,492 | $3,637,197 | -$3.3M |
The Men's Basketball program generated $793K in revenue in FY2025, with ticket sales accounting for the majority at $427K, while expenses of $4.4M — led by $1.6M in coaching salaries and benefits — produced a deficit of $3.6M. At $4.4M in total expenses, the program ranks 53rd among 78 FBS schools and 12th among 37 Group of Five programs, spending well below the FBS average of $10.2M. Expenses have fluctuated over the past five years, peaking at $5.5M in FY2024 before declining to current levels, though spending remains modestly above
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