New Mexico State University (NMSU) Football Financial Data

NCAA Membership Financial Reporting System (MFRS) · C-USA · Data available: FY2010–FY2025

In fiscal year 2025, New Mexico State University (NMSU)'s Football program reported $7.1M in revenue and $12.2M in expenses, for a net deficit of $5.0M. New Mexico State University competes in the C-USA. Financial data is available from FY2010 through FY2025.

FY2025 Overview

Total Revenue
$7,143,952
Total Expenses
$12,172,663
Net
-$5,028,711

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FY2025 Revenue Sources

CategoryAmount
Guarantees$2,250,000
Direct Institutional Support$2,128,194
Conference Distributions of Football Bowl Generated Revenue$1,547,812
Ticket Sales$942,296
In-Kind$131,712
Contributions$120,200
Sports Camp Revenues$16,765
Athletics Restricted Endowment and Investments Income$6,973

FY2025 Expense Breakdown

CategoryAmount
Athletic Student Aid$3,475,563
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$2,918,152
Team Travel$1,470,074
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$829,619
Game Expenses$674,031
Student-Athlete Meals (non-travel)$616,564
Sports Equipment, Uniforms and Supplies$610,161
Recruiting$424,276
Other Operating Expenses$412,827
Guarantees$385,000
Direct Overhead and Administrative Expenses$327,378
Sports Camp Expenses$10,679
Fund Raising, Marketing and Promotion$9,550
Medical Expenses and Insurance$6,614
Memberships and Dues$2,175
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$7,143,952$12,172,663-$5.0M
FY2024$7,717,830$13,318,607-$5.6M
FY2023$6,810,423$14,283,823-$7.5M
FY2022$6,927,744$10,777,169-$3.8M
FY2021$4,922,542$6,579,481-$1.7M
FY2020$7,332,462$9,266,793-$1.9M

Other Sports at New Mexico State University

Men's Basketball · Women's Basketball · Baseball · Soccer · Volleyball · Swimming and Diving · Softball · Tennis · Golf · Track and Field

Frequently Asked Questions

How much does New Mexico State University spend on Football?
New Mexico State University Football reported $12,172,663 in total expenses in FY2025 per NCAA MFRS filings.
How much revenue does New Mexico State University Football generate?
New Mexico State University Football reported $7,143,952 in total revenue in FY2025 per NCAA MFRS filings.
Is New Mexico State University Football profitable?
In FY2025, New Mexico State University Football reported a net deficit of $5.0M.