How much revenue does Mississippi State University athletics generate?

Mississippi State University athletics reported $164,684,369 in total revenue in FY2025 per NCAA MFRS filings.

How much does Mississippi State University spend on athletics?

Mississippi State University reported $164,482,616 in total athletics expenses in FY2025.

Is Mississippi State University athletics profitable?

In FY2025, Mississippi State University athletics reported a net surplus of $201,753.

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Mississippi State University

NCAA MFRS · SEC · FY2010–FY2025

SEC#13 of 13 in SEC

FY2025 Total Revenue$164,684,369

FY2025 Total Expenses$164,482,616

FY2025 Net+$201,753

Fiscal yearFY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025

In fiscal year 2025, Mississippi State University's athletics department reported $164.7M in total revenue and $164.5M in expenses, for a net surplus of $202K, ranking #13 of 13 in the SEC by total revenue, per NCAA MFRS filings. Financial data is available from FY2010 through FY2025.

Total revenue has grown 332% — from $38.1M in FY2010 to $164.7M in FY2025.

Financial Detail · Mississippi State · FY2025

RevenueExpensesNet

Year	Revenue	Expenses	Net	YoY Rev
FY2025	$164,684,369	$164,482,616	+$202K	+29.4%
FY2024	$127,241,981	$134,233,239	-$7.0M	+10.0%
FY2023	$115,664,788	$120,959,663	-$5.3M	+4.5%
FY2022	$110,653,367	$105,841,622	+$4.8M	-2.0%
FY2021	$112,890,415	$92,075,898	+$20.8M	+2.7%
FY2020	$109,973,682	$103,729,769	+$6.2M	-2.0%
FY2019	$112,273,809	$98,832,615	+$13.4M	+8.1%
FY2018	$103,858,865	$89,794,392	+$14.1M	+3.8%
FY2017	$100,062,237	$86,351,432	+$13.7M	+5.4%
FY2016	$94,903,405	$84,732,091	+$10.2M	+25.9%
FY2015	$75,400,407	$69,493,395	+$5.9M	+21.1%
FY2014	$62,275,111	$54,388,802	+$7.9M	-0.8%
FY2013	$62,764,025	$57,362,224	+$5.4M	-10.1%
FY2012	$69,828,880	$67,926,160	+$1.9M	+18.4%
FY2011	$58,981,769	$51,588,743	+$7.4M	+54.7%
FY2010	$38,127,591	$36,265,186	+$1.9M	—

Category	Amount	Share
Contributions	$59,109,136	35.9%
Media Rights	$43,185,677	26.2%
Ticket Sales	$18,748,277	11.4%
Royalties, Licensing, Advertisement and Sponsorships	$14,716,195	8.9%
Conference Distributions of Football Bowl Generated Revenue	$14,670,213	8.9%
Program, Novelty, Parking and Concession Sales	$3,210,116	1.9%
Other Operating Revenue	$3,081,661	1.9%
NCAA Distributions	$2,718,553	1.7%
Conference Distributions (Non Media and Non Football Bowl)	$1,900,051	1.2%
Athletics Restricted Endowment and Investments Income	$1,523,043	0.9%
Sports Camp Revenues	$1,012,710	0.6%
Guarantees	$415,000	0.3%
In-Kind	$393,737	0.2%
Total	$164,684,369	100%

Category	Amount	Share
Fund Raising, Marketing and Promotion	$31,640,879	19.2%
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities	$26,424,266	16.1%
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities	$22,719,154	13.8%
Athletic Student Aid	$11,809,282	7.2%
Athletic Facilities Debt Service, Leases and Rental Fee	$11,548,431	7.0%
Team Travel	$9,087,542	5.5%
Game Expenses	$7,960,650	4.8%
Facilities Maintenance and Operations	$7,319,718	4.5%
Other Operating Expenses	$6,021,652	3.7%
Sports Equipment, Uniforms and Supplies	$5,590,548	3.4%
Severance Payments	$4,025,258	2.4%
Direct Overhead and Administrative Expenses	$3,351,395	2.0%
Student-Athlete Meals (non-travel)	$3,314,603	2.0%
Recruiting	$3,214,554	2.0%
Guarantees	$2,919,895	1.8%
Enhanced Educational Benefits (Alston or other)	$2,142,753	1.3%
Medical Expenses and Insurance	$1,517,498	0.9%
NCAA Post-Season Non-Football Expenses	$1,169,630	0.7%
Spirit Groups	$1,145,617	0.7%
NCAA Post-Season Non-Football Expenses - Coaching Compensation/Bonuses	$981,815	0.6%
Memberships and Dues	$265,377	0.2%
Sports Camp Expenses	$233,919	0.1%
NCAA Non-Football Host Expense Settlements	$78,180	0.0%
Total	$164,482,616	100%

Total Expenses by sport · FY2025

Sport	Total Expenses	Share
Football	$37,575,576	44.9%
Basketball	$18,545,819	22.2%
Baseball	$7,586,164	9.1%
Track and Field, X-Country	$5,994,942	7.2%
Softball	$3,289,586	3.9%
Soccer	$3,058,113	3.7%
Tennis	$2,847,239	3.4%
Golf	$2,679,810	3.2%
Volleyball	$2,122,386	2.5%

Sport-by-sport finances

Football Men's Basketball Women's Basketball Baseball Soccer Volleyball Softball Tennis Golf Track and Field

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