In fiscal year 2025, Old Dominion University (ODU)'s Rowing program reported $26K in revenue and $1.3M in expenses, for a net deficit of $1.3M. Like most Group of Five Rowing programs, Old Dominion University generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 25 FBS programs reporting Rowing data, Old Dominion University ranks 24th overall in total expenses (5th of 6 Group of Five programs) — below the FBS average of $2.8M. Old Dominion University competes in the Sun Belt; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Royalties, Licensing, Advertisement and Sponsorships | $19,000 |
| Contributions | $6,673 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $609,763 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $296,886 |
| Team Travel | $198,371 |
| Sports Equipment, Uniforms and Supplies | $59,151 |
| Recruiting | $33,074 |
| Other Operating Expenses | $28,359 |
| Memberships and Dues | $23,203 |
| Facilities Maintenance and Operations | $20,590 |
| Student-Athlete Meals (non-travel) | $8,414 |
| Medical Expenses and Insurance | $65 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $25,673 | $1,277,876 | -$1.3M |
| FY2024 | $109,451 | $1,352,846 | -$1.2M |
| FY2023 | $13,871 | $1,078,176 | -$1.1M |
| FY2022 | $14,502 | $977,959 | -$963K |
| FY2021 | $30,348 | $772,713 | -$742K |
| FY2020 | $26,734 | $987,092 | -$960K |
The Sun Belt program generated just $26K in FY2025 revenue — nearly all of it ($19K) from royalties, licensing, advertisements, and sponsorships — while spending $1.3M, resulting in a deficit of approximately $1.3M. Athletic student aid drove the bulk of expenses at $610K, and total program spending has grown significantly from $773K in FY2021 to $1.3M in FY2025. Despite running well below the FBS average of $2.8M in rowing expenses, the program ranks 24th out of 25 FBS schools and 6th out of 7 Group of Five programs in this category, reflecting
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