In fiscal year 2025, Pennsylvania State University (PSU)'s Football program reported $293.6M in revenue and $149.1M in expenses, for a net surplus of $144.4M. The program generated $293.6M in total revenue, led by Football Bowl Revenues at $152.1M. Among the 78 FBS programs reporting Football data, Pennsylvania State University ranks 1st overall in total expenses (1st of 42 Power Four programs) — above the FBS average of $36.5M. Pennsylvania State University competes in the Big Ten; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Football Bowl Revenues | $152,129,417 |
| Media Rights | $49,725,008 |
| Ticket Sales | $44,260,703 |
| Conference Distributions of Football Bowl Generated Revenue | $20,530,530 |
| Contributions | $17,581,255 |
| Program, Novelty, Parking and Concession Sales | $8,762,039 |
| Athletics Restricted Endowment and Investments Income | $401,209 |
| Sports Camp Revenues | $164,169 |
| Other Operating Revenue | $5,338 |
| Category | Amount |
|---|---|
| Football Bowl Expenses - Coaching Compensation/Bonuses | $109,857,819 |
| Game Expenses | $12,388,903 |
| Football Bowl Expenses | $6,979,412 |
| Athletic Student Aid | $6,127,523 |
| Guarantees | $3,100,000 |
| Recruiting | $2,410,746 |
| Other Operating Expenses | $2,324,954 |
| Team Travel | $2,114,152 |
| Student-Athlete Meals (non-travel) | $1,396,455 |
| Severance Payments | $1,129,497 |
| Sports Equipment, Uniforms and Supplies | $413,791 |
| Direct Overhead and Administrative Expenses | $357,036 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $273,472 |
| Sports Camp Expenses | $175,799 |
| Fund Raising, Marketing and Promotion | $63,340 |
| Memberships and Dues | $8,780 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $293,559,668 | $149,121,679 | +$144.4M |
| FY2024 | $226,356,936 | $100,872,153 | +$125.5M |
| FY2023 | $109,607,108 | $44,808,710 | +$64.8M |
| FY2022 | $105,610,901 | $41,897,839 | +$63.7M |
| FY2021 | $42,555,090 | $18,547,879 | +$24.0M |
| FY2020 | $101,791,729 | $30,948,563 | +$70.8M |
The Nittany Lions' football program generated $293.6M in revenue against $149.1M in expenses in FY2025, producing a $144.4M surplus driven largely by $152.1M in Football Bowl Revenues. At $149.1M, Penn State's football expenses ranked 1st among all 78 FBS reporting programs and far exceeded the FBS average of $36.5M, with coaching compensation and bonuses alone accounting for $109.9M of that total. Expenses have also risen dramatically over the past five years, surging from $18.5M in FY2021 to $149.1M in FY2025—a more
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