University of Michigan Athletics Financial Data

NCAA Membership Financial Reporting System (MFRS) · Big Ten · Data available: FY2017–FY2025

In fiscal year 2025, University of Michigan's athletics department reported $275.8M in total revenues and $261.6M in total expenses, resulting in a net surplus of $14.3M. University of Michigan competes in the Big Ten. Financial data for University of Michigan is available in this dataset from FY2017 through FY2025.

FY2025 Overview

Total Revenue
$275,844,115
Total Expenses
$261,556,268
Net
+$14,287,847

This is a data snapshot. The interactive explorer lets you filter by conference, compare schools, and dig into sport-level trends.

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FY2025 Revenue & Expenses by Sport

SportRevenueExpenses
Football$175,299,591$61,152,247
Men's Basketball$21,209,886$13,594,180
Women's Basketball$1,138,509$5,627,593
Other Sports$10,485,809$53,545,019

Individual Sport Financial Pages

SportRevenue FY2025Expenses FY2025
Football$175,299,591$61,663,185
Men's Basketball$22,863,768$14,358,515
Women's Basketball$1,231,984$5,858,896
Baseball$849,484$3,992,823
Soccer$325,298$4,754,569
Volleyball$511,856$2,949,959
Swimming and Diving$467,670$5,385,560
Softball$617,649$3,207,711
Tennis$299,294$2,949,888
Golf$478,183$2,256,120
Ice Hockey$4,065,017$4,725,778
Gymnastics$653,867$4,537,425
Wrestling$544,258$2,980,269
Rowing$253,223$3,913,647
Lacrosse$644,807$6,411,929
Field Hockey$298,342$2,414,646
Track and Field$678,100$6,336,376
Water Polo$66,117$1,796,714
Data sourced from NCAA MFRS filings obtained via public records (FOIA) requests and official athletic department disclosures. Figures are as reported to the NCAA and may include institutional support, conference distributions, and other non-self-generated revenue. See the methodology page for full sourcing details.

Recent Financial Trends

Fiscal YearTotal RevenueTotal ExpensesNet
FY2025$275,844,115$261,556,268+$14.3M
FY2024$238,866,661$238,309,600+$557K
FY2023$229,561,279$225,548,280+$4.0M

Frequently Asked Questions

How much revenue does University of Michigan athletics generate?
In FY2025, University of Michigan reported $275.8M in total athletics revenues according to NCAA MFRS filings.
How much does University of Michigan spend on athletics?
In FY2025, University of Michigan reported $261.6M in total athletics expenses according to NCAA MFRS filings.
Does University of Michigan athletics run a surplus or deficit?
In FY2025, University of Michigan athletics reported a net surplus of $14.3M.