In fiscal year 2025, University of Kentucky (UK)'s Swimming and Diving program reported $99K in revenue and $4.3M in expenses, for a net deficit of $4.2M. Like most Power Four Swimming and Diving programs, University of Kentucky generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 56 FBS programs reporting Swimming and Diving data, University of Kentucky ranks 10th overall in total expenses (10th of 33 Power Four programs) — above the FBS average of $2.7M. University of Kentucky competes in the SEC; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Sports Camp Revenues | $47,336 |
| Royalties, Licensing, Advertisement and Sponsorships | $32,000 |
| NCAA Distributions | $15,704 |
| Other Operating Revenue | $3,122 |
| Program, Novelty, Parking and Concession Sales | $1,236 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $1,730,696 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $812,499 |
| Enhanced Educational Benefits (Alston or other) | $441,148 |
| Team Travel | $319,572 |
| NCAA Post-Season Non-Football Expenses | $274,764 |
| Other Operating Expenses | $172,714 |
| Medical Expenses and Insurance | $121,998 |
| Sports Equipment, Uniforms and Supplies | $101,049 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $96,874 |
| Recruiting | $87,664 |
| NCAA Post-Season Non-Football Expenses - Coaching Compensation/Bonuses | $38,132 |
| Sports Camp Expenses | $30,880 |
| Student-Athlete Meals (non-travel) | $24,117 |
| Severance Payments | $13,304 |
| Facilities Maintenance and Operations | $4,755 |
| Game Expenses | $1,908 |
| Memberships and Dues | $1,160 |
| Direct Overhead and Administrative Expenses | $642 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $99,398 | $4,273,876 | -$4.2M |
| FY2024 | $110,895 | $3,664,070 | -$3.6M |
| FY2023 | $159,975 | $3,613,883 | -$3.5M |
| FY2022 | $79,116 | $3,240,974 | -$3.2M |
| FY2021 | $55,920 | $2,645,774 | -$2.6M |
| FY2020 | $63,254 | $3,004,991 | -$2.9M |
Kentucky's Swimming and Diving program operates at a significant financial loss, generating just $99K in revenue — largely from $47K in sports camp fees — against $4.3M in expenses, producing a $4.2M deficit in FY2025. That expense figure ranks 10th among all 56 FBS programs and well above the FBS average of $2.7M, reflecting a sustained institutional investment that has grown steadily from $2.6M in FY2021. Athletic student aid drives the spending, accounting for $1.7M of the program's total costs.
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