Michigan State University (MSU) Women's Basketball Financial Data

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

In fiscal year 2025, Michigan State University (MSU)'s Women's Basketball program reported $1.8M in revenue and $7.3M in expenses, for a net deficit of $5.5M. The program generated $1.8M in total revenue, led by Contributions at $521K. Among the 78 FBS programs reporting Women's Basketball data, Michigan State University ranks 19th overall in total expenses (18th of 42 Power Four programs) — above the FBS average of $5.2M. Michigan State University competes in the Big Ten; financial data is available from FY2017 through FY2025.

FY2025 Overview

Total Revenue
$1,773,618
Total Expenses
$7,265,000
Net
-$5,491,382

This is a data snapshot. The interactive explorer lets you filter by sport, compare schools, and dig into multi-year trends.

Open Interactive Explorer →

FY2025 Revenue Sources

CategoryAmount
Contributions$521,010
Compensation and Benefits provided by a third party$435,000
Ticket Sales$377,596
NCAA Distributions$154,800
Sports Camp Revenues$111,318
Program, Novelty, Parking and Concession Sales$59,161
Athletics Restricted Endowment and Investments Income$58,387
In-Kind$48,849
Other Operating Revenue$7,314
Direct Institutional Support$183

FY2025 Expense Breakdown

CategoryAmount
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$2,103,183
Team Travel$1,147,246
Athletic Student Aid$1,009,155
Game Expenses$643,593
Severance Payments$500,407
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$476,469
Recruiting$260,608
Other Operating Expenses$201,497
Sports Equipment, Uniforms and Supplies$172,081
NCAA Post-Season Non-Football Expenses$123,028
Guarantees$121,000
Athletic Facilities Debt Service, Leases and Rental Fee$97,457
Student-Athlete Meals (non-travel)$75,327
Sports Camp Expenses$65,170
NCAA Post-Season Non-Football Expenses - Coaching Compensation/Bonuses$62,768
Enhanced Educational Benefits (Alston or other)$60,000
Direct Overhead and Administrative Expenses$51,193
Facilities Maintenance and Operations$30,576
Fund Raising, Marketing and Promotion$25,232
Spirit Groups$24,043
Medical Expenses and Insurance$13,731
Memberships and Dues$1,236
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$1,773,618$7,265,000-$5.5M
FY2024$1,663,847$7,677,020-$6.0M
FY2023$1,991,822$6,884,818-$4.9M
FY2022$2,312,591$5,637,507-$3.3M
FY2021$1,625,572$4,357,634-$2.7M
FY2020$2,929,339$7,453,532-$4.5M

Michigan State University Women's Basketball — Financial Context

The Women's Basketball program generated $1.8M in revenue in FY2025, led by $521K in contributions, while expenses of $7.3M — driven by $2.1M in coaching salaries, benefits, and bonuses — produced a $5.5M deficit. At $7.3M in total expenses, the program ranks 19th among 78 FBS programs and 18th among 41 Power Four schools, spending well above the FBS average of $5.2M. Expenses have fluctuated over the past five years, peaking at $7.7M in FY2024 before declining modestly to the current level.

Other Sports at Michigan State University

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

Frequently Asked Questions

What are the main revenue sources for Michigan State University Women's Basketball?
The largest revenue category was Contributions at $521,010 in FY2025.
How does Michigan State University Women's Basketball spending compare to other FBS programs?
Among the 78 FBS programs reporting Women's Basketball data, Michigan State University ranks 19th overall in total expenses (18th of 42 Power Four programs) — above the FBS average of $5.2M.
Is Michigan State University Women's Basketball profitable?
In FY2025, Michigan State University Women's Basketball reported a net deficit of $5.5M.