University of Michigan Football Financial Data

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

In fiscal year 2025, University of Michigan's Football program reported $175.3M in revenue and $61.7M in expenses, for a net surplus of $113.6M. University of Michigan competes in the Big Ten. Financial data is available from FY2017 through FY2025.

FY2025 Overview

Total Revenue
$175,299,591
Total Expenses
$61,663,185
Net
+$113,636,406

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FY2025 Revenue Sources

CategoryAmount
Ticket Sales$67,595,162
Media Rights$53,372,189
Contributions$34,681,107
Conference Distributions of Football Bowl Generated Revenue$10,665,018
Program, Novelty, Parking and Concession Sales$3,218,692
Athletics Restricted Endowment and Investments Income$2,571,249
Football Bowl Revenues$2,118,900
Other Operating Revenue$634,153
Conference Distributions (Non Media and Non Football Bowl)$327,697
In-Kind$115,424

FY2025 Expense Breakdown

CategoryAmount
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$16,980,066
Athletic Student Aid$8,019,094
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$6,627,126
Game Expenses$5,050,267
Student-Athlete Meals (non-travel)$4,737,844
Guarantees$4,650,000
Football Bowl Expenses$3,889,098
Recruiting$3,457,109
Team Travel$2,137,087
Direct Overhead and Administrative Expenses$1,918,696
Sports Equipment, Uniforms and Supplies$1,680,071
Other Operating Expenses$1,280,476
Football Bowl Expenses - Coaching Compensation/Bonuses$705,245
Severance Payments$531,006
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.

Year-over-Year Trend

Fiscal YearRevenueExpensesNet
FY2025$175,299,591$61,663,185+$113.6M
FY2024$149,288,960$72,404,170+$76.9M
FY2023$143,922,072$67,845,879+$76.1M
FY2022$131,518,006$52,408,535+$79.1M
FY2021$37,049,086$37,380,521-$331K
FY2020$126,211,718$44,684,585+$81.5M

Other Sports at University of Michigan

Men's Basketball · Women's Basketball · Baseball · Soccer · Volleyball · Swimming and Diving · Softball · Tennis · Golf · Ice Hockey · Gymnastics · Wrestling · Rowing · Lacrosse · Field Hockey · Track and Field · Water Polo

Frequently Asked Questions

How much does University of Michigan spend on Football?
University of Michigan Football reported $61,663,185 in total expenses in FY2025 per NCAA MFRS filings.
How much revenue does University of Michigan Football generate?
University of Michigan Football reported $175,299,591 in total revenue in FY2025 per NCAA MFRS filings.
Is University of Michigan Football profitable?
In FY2025, University of Michigan Football reported a net surplus of $113.6M.