Michigan State University (MSU) Softball Financial Data

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

In fiscal year 2025, Michigan State University (MSU)'s Softball program reported $234K in revenue and $2.1M in expenses, for a net deficit of $1.9M. The largest revenue source was Contributions at $102K. Among the 70 FBS programs reporting Softball data, Michigan State University ranks 34th overall in total expenses (34th of 38 Power Four programs) — below the FBS average of $2.3M. Michigan State University competes in the Big Ten; financial data is available from FY2017 through FY2025.

FY2025 Overview

Total Revenue
$234,038
Total Expenses
$2,131,447
Net
-$1,897,409

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FY2025 Revenue Sources

CategoryAmount
Contributions$102,092
Sports Camp Revenues$82,742
Royalties, Licensing, Advertisement and Sponsorships$22,495
Athletics Restricted Endowment and Investments Income$12,830
Ticket Sales$7,247
Program, Novelty, Parking and Concession Sales$3,822
Other Operating Revenue$2,810

FY2025 Expense Breakdown

CategoryAmount
Athletic Student Aid$697,737
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$520,463
Team Travel$275,279
Sports Equipment, Uniforms and Supplies$192,929
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$110,255
Game Expenses$103,710
Enhanced Educational Benefits (Alston or other)$92,000
Recruiting$60,988
Other Operating Expenses$21,618
Sports Camp Expenses$16,322
Student-Athlete Meals (non-travel)$16,305
Facilities Maintenance and Operations$10,682
Fund Raising, Marketing and Promotion$6,238
Direct Overhead and Administrative Expenses$5,919
Medical Expenses and Insurance$369
Guarantees$338
Memberships and Dues$295
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$234,038$2,131,447-$1.9M
FY2024$220,900$2,288,070-$2.1M
FY2023$226,594$2,539,903-$2.3M
FY2022$434,681$2,343,561-$1.9M
FY2021$386,167$1,706,209-$1.3M
FY2020$228,633$1,757,530-$1.5M

Michigan State University Softball — Financial Context

The Spartan softball program generated $234K in FY2025 revenue, with contributions leading at $102K, while expenses of $2.1M — driven primarily by athletic student aid at $698K — produced a $1.9M deficit. Spending has trended downward over the past two years, falling from $2.5M in FY2023 to $2.1M in FY2025, placing the program 34th among 70 FBS schools in softball expenses and just below the FBS average of $2.3M. At 33rd among 37 Power Four programs by expenses, Michigan State sits in the middle of its competitive peer group despite the

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Frequently Asked Questions

What are the main revenue sources for Michigan State University Softball?
The largest revenue category was Contributions at $102,092 in FY2025.
How does Michigan State University Softball spending compare to other FBS programs?
Among the 70 FBS programs reporting Softball data, Michigan State University ranks 34th overall in total expenses (34th of 38 Power Four programs) — below the FBS average of $2.3M.
Is Michigan State University Softball profitable?
In FY2025, Michigan State University Softball reported a net deficit of $1.9M.