In fiscal year 2025, Michigan State University (MSU)'s Volleyball program reported $648K in revenue and $4.2M in expenses, for a net deficit of $3.5M. The largest revenue source was Contributions at $278K. Among the 76 FBS programs reporting Volleyball data, Michigan State University ranks 8th overall in total expenses (8th of 41 Power Four programs) — above the FBS average of $2.4M. Michigan State University competes in the Big Ten; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Contributions | $278,343 |
| Sports Camp Revenues | $161,789 |
| Ticket Sales | $149,164 |
| Program, Novelty, Parking and Concession Sales | $20,933 |
| Athletics Restricted Endowment and Investments Income | $15,579 |
| In-Kind | $15,385 |
| Royalties, Licensing, Advertisement and Sponsorships | $6,034 |
| Other Operating Revenue | $1,137 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $1,009,363 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $784,635 |
| Team Travel | $581,535 |
| Severance Payments | $418,171 |
| Game Expenses | $342,915 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $292,212 |
| Sports Equipment, Uniforms and Supplies | $213,226 |
| Recruiting | $102,403 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $84,850 |
| Enhanced Educational Benefits (Alston or other) | $84,000 |
| Sports Camp Expenses | $70,781 |
| Other Operating Expenses | $46,470 |
| Student-Athlete Meals (non-travel) | $39,506 |
| Fund Raising, Marketing and Promotion | $29,762 |
| Guarantees | $26,500 |
| Facilities Maintenance and Operations | $13,026 |
| Direct Overhead and Administrative Expenses | $7,999 |
| Spirit Groups | $2,328 |
| Medical Expenses and Insurance | $1,611 |
| Memberships and Dues | $1,124 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $648,364 | $4,152,417 | -$3.5M |
| FY2024 | $590,054 | $3,871,687 | -$3.3M |
| FY2023 | $554,209 | $3,825,766 | -$3.3M |
| FY2022 | $503,624 | $2,456,078 | -$2.0M |
| FY2021 | $270,733 | $1,674,134 | -$1.4M |
| FY2020 | $805,944 | $2,664,211 | -$1.9M |
The Spartan volleyball program operates at a $3.5 million deficit, generating $648K in revenue — led by $278K in contributions — against $4.2 million in expenses, with athletic student aid representing the largest cost at $1.0 million. Michigan State ranks 8th out of 76 FBS programs in volleyball spending, investing nearly double the FBS average of $2.4 million. Program expenses have grown sharply in recent years, climbing from $2.5 million in FY2022 to $4.2 million in FY2025, reflecting a sustained and significant financial commitment to the sport.
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