In fiscal year 2025, University of Michigan's Ice Hockey program reported $4.1M in revenue and $4.7M in expenses, for a net deficit of $661K. The program generated $4.1M in total revenue, led by Ticket Sales at $2.0M. Among the 11 FBS programs reporting Ice Hockey data, University of Michigan ranks 7th overall in total expenses (6th of 6 Power Four programs) — below the FBS average of $7.4M. University of Michigan competes in the Big Ten; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Ticket Sales | $2,043,554 |
| Athletics Restricted Endowment and Investments Income | $922,035 |
| Contributions | $600,127 |
| Program, Novelty, Parking and Concession Sales | $229,203 |
| Guarantees | $225,000 |
| Other Operating Revenue | $30,707 |
| In-Kind | $14,391 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $1,533,519 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $1,183,215 |
| Team Travel | $655,881 |
| Sports Equipment, Uniforms and Supplies | $399,313 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $258,537 |
| Game Expenses | $163,447 |
| Other Operating Expenses | $135,868 |
| Student-Athlete Meals (non-travel) | $135,334 |
| Enhanced Educational Benefits (Alston or other) | $134,555 |
| Recruiting | $95,609 |
| Guarantees | $30,000 |
| Memberships and Dues | $500 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $4,065,017 | $4,725,778 | -$661K |
| FY2024 | $3,972,110 | $4,997,205 | -$1.0M |
| FY2023 | $3,783,056 | $4,710,258 | -$927K |
| FY2022 | $3,817,773 | $4,481,527 | -$664K |
| FY2021 | $741,786 | $3,242,485 | -$2.5M |
| FY2020 | $3,091,104 | $4,127,837 | -$1.0M |
Michigan's ice hockey program generated $4.1 million in revenue in FY2025, with ticket sales leading the way at $2.0 million, but expenses of $4.7 million — driven primarily by $1.5 million in athletic student aid — resulted in a $661K operating deficit. At $4.7 million in total expenses, the program ranks 7th out of 11 FBS ice hockey programs and last among the six Power Four schools offering the sport, spending well below the FBS average of $7.4 million. Expenses have remained relatively stable over the past four years, ranging from $4.5 million to $5.0 million, though
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