University of Michigan Swimming and Diving Financial Data

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

In fiscal year 2025, University of Michigan's Swimming and Diving program reported $468K in revenue and $5.4M in expenses, for a net deficit of $4.9M. The largest revenue source was Athletics Restricted Endowment and Investments Income at $376K. Among the 56 FBS programs reporting Swimming and Diving data, University of Michigan ranks 6th overall in total expenses (6th of 33 Power Four programs) — above the FBS average of $2.7M. University of Michigan competes in the Big Ten; financial data is available from FY2017 through FY2025.

FY2025 Overview

Total Revenue
$467,670
Total Expenses
$5,385,713
Net
-$4,918,043

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FY2025 Revenue Sources

CategoryAmount
Athletics Restricted Endowment and Investments Income$376,268
NCAA Distributions$53,808
Contributions$26,204
In-Kind$11,042
Program, Novelty, Parking and Concession Sales$348

FY2025 Expense Breakdown

CategoryAmount
Athletic Student Aid$2,241,432
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$930,615
Team Travel$755,876
Enhanced Educational Benefits (Alston or other)$392,640
Sports Equipment, Uniforms and Supplies$186,759
NCAA Post-Season Non-Football Expenses$169,072
Recruiting$168,543
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$154,613
Student-Athlete Meals (non-travel)$138,865
NCAA Post-Season Non-Football Expenses - Coaching Compensation/Bonuses$111,463
Other Operating Expenses$99,285
Game Expenses$14,085
Direct Overhead and Administrative Expenses$12,993
Memberships and Dues$6,472
Guarantees$3,000
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$467,670$5,385,713-$4.9M
FY2024$384,126$5,143,094-$4.8M
FY2023$331,746$4,216,705-$3.9M
FY2022$375,209$3,605,907-$3.2M
FY2021$285,325$3,308,784-$3.0M
FY2020$405,336$4,057,514-$3.7M

University of Michigan Swimming and Diving — Financial Context

The Swimming and Diving program generated $468K in FY2025 revenue, with $376K coming from Athletics Restricted Endowment and Investment Income, but spent $5.4M — more than double the FBS average of $2.7M — resulting in a $4.9M deficit. Athletic Student Aid alone accounted for $2.2M of those expenses, reflecting a significant scholarship investment in the program. Program costs have grown steadily from $3.3M in FY2021 to $5.4M in FY2025, ranking 6th highest among all 56 FBS programs and 6th among Power Four schools.

Other Sports at University of Michigan

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

Frequently Asked Questions

What does University of Michigan spend on Swimming and Diving?
University of Michigan Swimming and Diving reported $5,385,713 in total expenses in FY2025. The largest expense was Athletic Student Aid at $2,241,432.
How does University of Michigan Swimming and Diving spending compare to other FBS programs?
Among the 56 FBS programs reporting Swimming and Diving data, University of Michigan ranks 6th overall in total expenses (6th of 33 Power Four programs) — above the FBS average of $2.7M.
How is University of Michigan Swimming and Diving funded?
Like most Power Four Swimming and Diving programs, University of Michigan funds Swimming and Diving primarily through shared athletic department revenues, which flow from football and basketball at most FBS institutions.