In fiscal year 2025, New Mexico State University (NMSU)'s Men's Basketball program reported $1.8M in revenue and $3.6M in expenses, for a net deficit of $1.7M. The program generated $1.8M in total revenue, led by Ticket Sales at $852K. Among the 78 FBS programs reporting Men's Basketball data, New Mexico State University ranks 63rd overall in total expenses (21st of 36 Group of Five programs) — below the FBS average of $10.2M. New Mexico State University competes in the C-USA; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Ticket Sales | $852,138 |
| Conference Distributions of Football Bowl Generated Revenue | $315,805 |
| Direct Institutional Support | $307,665 |
| Contributions | $201,980 |
| Guarantees | $100,000 |
| In-Kind | $50,247 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $1,076,636 |
| Athletic Student Aid | $559,149 |
| Team Travel | $432,401 |
| Game Expenses | $397,013 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $257,359 |
| Other Operating Expenses | $221,153 |
| Recruiting | $123,292 |
| Student-Athlete Meals (non-travel) | $111,115 |
| Sports Equipment, Uniforms and Supplies | $106,719 |
| Guarantees | $93,245 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $80,000 |
| Fund Raising, Marketing and Promotion | $77,052 |
| Direct Overhead and Administrative Expenses | $18,637 |
| Medical Expenses and Insurance | $2,572 |
| Memberships and Dues | $905 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $1,827,835 | $3,557,248 | -$1.7M |
| FY2024 | $1,877,454 | $3,611,326 | -$1.7M |
| FY2023 | $1,843,272 | $3,218,052 | -$1.4M |
| FY2022 | $2,159,305 | $3,606,920 | -$1.4M |
| FY2021 | $1,661,267 | $3,028,573 | -$1.4M |
| FY2020 | $1,842,930 | $3,351,736 | -$1.5M |
Ticket sales drove the majority of the program's $1.8M in revenue in FY2025, though that figure fell well short of covering $3.6M in total expenses, resulting in a $1.7M deficit. Coaching salaries, benefits, and bonuses were the single largest cost at $1.1M, accounting for roughly 31% of all program spending. At $3.6M in expenses, the program ranks 63rd among 78 FBS programs and sits significantly below the FBS average of $10.2M, reflecting a lean operational budget that has remained largely flat since FY2020.
Football · Women's Basketball · Baseball · Soccer · Volleyball · Swimming and Diving · Softball · Tennis · Golf · Track and Field