Michigan State University (MSU) Ice Hockey Financial Data

NCAA Membership Financial Reporting System (MFRS) · Big Ten · Data available: FY2017–FY2025

In fiscal year 2025, Michigan State University (MSU)'s Ice Hockey program reported $5.0M in revenue and $9.1M in expenses, for a net deficit of $4.1M. Michigan State University competes in the Big Ten. Financial data is available from FY2017 through FY2025.

FY2025 Overview

Total Revenue
$4,969,686
Total Expenses
$9,109,098
Net
-$4,139,412

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FY2025 Revenue Sources

CategoryAmount
Ticket Sales$2,119,385
Contributions$1,822,938
Guarantees$290,877
Sports Camp Revenues$256,152
Program, Novelty, Parking and Concession Sales$132,632
Conference Distributions (Non Media and Non Football Bowl)$75,000
Other Operating Revenue$67,995
NCAA Distributions$66,186
Royalties, Licensing, Advertisement and Sponsorships$56,493
In-Kind$46,556
Athletics Restricted Endowment and Investments Income$35,472

FY2025 Expense Breakdown

CategoryAmount
Athletic Facilities Debt Service, Leases and Rental Fee$2,477,656
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$1,849,538
Athletic Student Aid$1,227,453
Team Travel$667,212
Sports Equipment, Uniforms and Supplies$508,209
Other Operating Expenses$465,318
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$447,401
Game Expenses$395,945
Student-Athlete Meals (non-travel)$330,682
Football Bowl Expenses - Coaching Compensation/Bonuses$250,441
Direct Overhead and Administrative Expenses$218,224
Recruiting$110,310
Sports Camp Expenses$66,436
Fund Raising, Marketing and Promotion$54,318
Guarantees$31,000
Medical Expenses and Insurance$7,006
Memberships and Dues$1,949
Data sourced from NCAA MFRS filings obtained via public records (FOIA) requests and official athletic department disclosures. Figures are as reported to the NCAA and may include institutional support, conference distributions, and other non-self-generated revenue. See the methodology page for full sourcing details.

Year-over-Year Trend

Fiscal YearRevenueExpensesNet
FY2025$4,969,686$9,109,098-$4.1M
FY2024$4,283,758$9,378,079-$5.1M
FY2023$4,157,470$7,267,872-$3.1M
FY2022$4,471,214$6,815,301-$2.3M
FY2021$3,429,135$5,973,877-$2.5M
FY2020$4,751,236$8,068,207-$3.3M

Other Sports at Michigan State University

Football · Men's Basketball · Women's Basketball · Baseball · Soccer · Volleyball · Swimming and Diving · Softball · Tennis · Golf · Gymnastics · Wrestling · Rowing · Field Hockey · Track and Field

Frequently Asked Questions

How much does Michigan State University spend on Ice Hockey?
Michigan State University Ice Hockey reported $9,109,098 in total expenses in FY2025 per NCAA MFRS filings.
How much revenue does Michigan State University Ice Hockey generate?
Michigan State University Ice Hockey reported $4,969,686 in total revenue in FY2025 per NCAA MFRS filings.
Is Michigan State University Ice Hockey profitable?
In FY2025, Michigan State University Ice Hockey reported a net deficit of $4.1M.