In fiscal year 2025, University of Michigan's Rowing program reported $253K in revenue and $3.9M in expenses, for a net deficit of $3.7M. The largest revenue source was Athletics Restricted Endowment and Investments Income at $149K. Among the 25 FBS programs reporting Rowing data, University of Michigan ranks 4th overall in total expenses (4th of 19 Power Four programs) — above the FBS average of $2.8M. University of Michigan competes in the Big Ten; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Athletics Restricted Endowment and Investments Income | $148,572 |
| NCAA Distributions | $64,476 |
| Contributions | $29,925 |
| In-Kind | $10,250 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $1,825,894 |
| Team Travel | $685,699 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $559,708 |
| Enhanced Educational Benefits (Alston or other) | $234,369 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $141,061 |
| NCAA Post-Season Non-Football Expenses | $136,249 |
| Student-Athlete Meals (non-travel) | $115,018 |
| Sports Equipment, Uniforms and Supplies | $92,839 |
| Recruiting | $68,242 |
| Other Operating Expenses | $35,661 |
| Direct Overhead and Administrative Expenses | $9,869 |
| Game Expenses | $7,418 |
| Memberships and Dues | $1,620 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $253,223 | $3,913,647 | -$3.7M |
| FY2024 | $189,703 | $3,681,612 | -$3.5M |
| FY2023 | $171,003 | $3,617,388 | -$3.4M |
| FY2022 | $158,321 | $2,926,619 | -$2.8M |
| FY2021 | $122,173 | $2,714,337 | -$2.6M |
| FY2020 | $83,786 | $2,602,769 | -$2.5M |
Michigan's rowing program operates at a $3.7M deficit, generating just $253K in revenue—primarily from restricted endowment and investment income ($149K)—against $3.9M in expenses, with athletic student aid comprising nearly half of total costs at $1.8M. At $3.9M, the program ranks 4th in spending among all 25 FBS rowing programs and 4th among Power Four schools, sitting well above the FBS average of $2.8M. Expenses have grown steadily from $2.6M in FY2020, representing a roughly 50% increase over the five-year period.
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