In fiscal year 2025, James Madison University's Soccer program reported $100K in revenue and $3.6M in expenses, for a net deficit of $3.5M. Like most Group of Five Soccer programs, James Madison University generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 78 FBS programs reporting Soccer data, James Madison University ranks 20th overall in total expenses (2nd of 36 Group of Five programs) — above the FBS average of $2.9M. James Madison University competes in the Sun Belt; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| NCAA Distributions | $37,600 |
| Contributions | $21,231 |
| Direct Institutional Support | $15,093 |
| Guarantees | $9,000 |
| In-Kind | $8,950 |
| Royalties, Licensing, Advertisement and Sponsorships | $7,742 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $1,040,348 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $821,121 |
| Facilities Maintenance and Operations | $667,306 |
| Team Travel | $532,526 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $171,123 |
| Recruiting | $105,052 |
| Sports Equipment, Uniforms and Supplies | $94,331 |
| Game Expenses | $54,707 |
| Student-Athlete Meals (non-travel) | $45,002 |
| Other Operating Expenses | $27,569 |
| Fund Raising, Marketing and Promotion | $19,504 |
| Direct Overhead and Administrative Expenses | $7,597 |
| Medical Expenses and Insurance | $7,087 |
| Guarantees | $3,144 |
| Memberships and Dues | $1,539 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $99,616 | $3,597,956 | -$3.5M |
| FY2024 | $255,320 | $3,750,411 | -$3.5M |
| FY2023 | $196,654 | $3,017,529 | -$2.8M |
| FY2022 | $67,245 | $2,655,576 | -$2.6M |
| FY2021 | $92,715 | $2,159,294 | -$2.1M |
| FY2020 | $262,645 | $2,743,018 | -$2.5M |
The soccer program at James Madison University carries one of the heavier financial footprints in FBS, ranking 20th out of 78 programs and 3rd among Group of Five schools in expenses, with FY2025 costs of $3.6M surpassing the FBS average of $2.9M. Athletic student aid represents the largest single expense at $1.0M, while revenue of just $100K — led by $38K in NCAA distributions — leaves the program with a $3.5M deficit. Expenses have climbed significantly since FY2021's $2.2M, though they dipped slightly from FY2024's peak of $3.8M
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