In fiscal year 2025, Michigan State University (MSU)'s Track and Field program reported $401K in revenue and $4.4M in expenses, for a net deficit of $4.0M. The largest revenue source was Contributions at $240K. Among the 77 FBS programs reporting Track and Field data, Michigan State University ranks 29th overall in total expenses (29th of 42 Power Four programs) — above the FBS average of $3.9M. Michigan State University competes in the Big Ten; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Contributions | $239,936 |
| Other Operating Revenue | $70,145 |
| Athletics Restricted Endowment and Investments Income | $67,822 |
| NCAA Distributions | $23,038 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $1,412,249 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $921,043 |
| Team Travel | $764,873 |
| Enhanced Educational Benefits (Alston or other) | $566,990 |
| Sports Equipment, Uniforms and Supplies | $341,669 |
| NCAA Post-Season Non-Football Expenses | $172,030 |
| Game Expenses | $74,950 |
| Other Operating Expenses | $63,580 |
| Recruiting | $45,837 |
| NCAA Post-Season Non-Football Expenses - Coaching Compensation/Bonuses | $27,733 |
| Student-Athlete Meals (non-travel) | $24,495 |
| Direct Overhead and Administrative Expenses | $6,449 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $4,575 |
| Fund Raising, Marketing and Promotion | $996 |
| Medical Expenses and Insurance | $961 |
| Facilities Maintenance and Operations | $651 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $400,941 | $4,429,081 | -$4.0M |
| FY2024 | $454,603 | $4,841,520 | -$4.4M |
| FY2023 | $484,097 | $4,442,244 | -$4.0M |
| FY2022 | $595,972 | $3,012,187 | -$2.4M |
| FY2021 | $198,759 | $2,662,505 | -$2.5M |
| FY2020 | $404,359 | $2,863,639 | -$2.5M |
Michigan State's Track and Field program ran a $4.0 million deficit in FY2025, generating just $401K in revenue — led by $240K in contributions — against $4.4 million in expenses, with athletic student aid representing the largest cost at $1.4 million. At $4.4 million in total spending, the Spartans rank 29th among 77 FBS programs and 29th among 41 Power Four schools, placing them slightly above the FBS average of $3.9 million. Expenses have risen sharply since FY2021's $2.7 million, though FY2025 reflects a modest pullback from F
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