In fiscal year 2025, San Jose State University (SJSU)'s Football program reported $8.6M in revenue and $16.0M in expenses, for a net deficit of $7.4M. The program generated $8.6M in total revenue, led by Direct Institutional Support at $3.7M. Among the 78 FBS programs reporting Football data, San Jose State University ranks 55th overall in total expenses (13th of 36 Group of Five programs) — below the FBS average of $36.5M. San Jose State University competes in the Mountain West; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Direct Institutional Support | $3,741,887 |
| Student Fees | $2,244,960 |
| Ticket Sales | $1,440,185 |
| Guarantees | $750,000 |
| Contributions | $247,892 |
| Conference Distributions of Football Bowl Generated Revenue | $118,705 |
| Athletics Restricted Endowment and Investments Income | $58,949 |
| Other Operating Revenue | $18,701 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $6,421,500 |
| Athletic Student Aid | $3,459,710 |
| Guarantees | $2,020,000 |
| Football Bowl Expenses | $1,142,327 |
| Team Travel | $1,009,663 |
| Student-Athlete Meals (non-travel) | $678,267 |
| Sports Equipment, Uniforms and Supplies | $499,000 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $341,453 |
| Other Operating Expenses | $179,602 |
| Recruiting | $175,068 |
| Football Bowl Expenses - Coaching Compensation/Bonuses | $65,000 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $10,932 |
| Medical Expenses and Insurance | $5,455 |
| Fund Raising, Marketing and Promotion | $3,337 |
| Sports Camp Expenses | $2,920 |
| Enhanced Educational Benefits (Alston or other) | $1,675 |
| Game Expenses | $1,300 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $8,621,279 | $16,017,209 | -$7.4M |
| FY2024 | $6,408,158 | $14,582,361 | -$8.2M |
| FY2023 | $7,416,995 | $10,883,256 | -$3.5M |
| FY2022 | $9,314,609 | $9,315,689 | -$1K |
| FY2021 | $5,799,541 | $10,988,493 | -$5.2M |
| FY2020 | $10,473,326 | $10,287,260 | +$186K |
San Jose State's football program generated $8.6 million in revenue in FY2025, with Direct Institutional Support accounting for the largest share at $3.7 million, reflecting the program's significant reliance on university subsidies rather than self-generated income. Against $16.0 million in expenses — led by $6.4 million in coaching salaries and benefits — the program ran a $7.4 million deficit, operating at roughly 44% of the FBS average expense level of $36.5 million. Notably, program spending has nearly doubled since FY2022's $9.3 million, signaling a deliberate investment in football operations that has yet to be
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