In fiscal year 2025, University of Michigan's Water Polo program reported $66K in revenue and $1.8M in expenses, for a net deficit of $1.7M. Like most Power Four Water Polo programs, University of Michigan generates minimal direct revenue and is funded primarily through shared athletic department revenues. Among the 5 FBS programs reporting Water Polo data, University of Michigan ranks 3rd overall in total expenses (3rd of 3 Power Four programs) — below the FBS average of $1.9M. University of Michigan competes in the Big Ten; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Athletics Restricted Endowment and Investments Income | $59,992 |
| Contributions | $5,975 |
| Program, Novelty, Parking and Concession Sales | $150 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $767,182 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $382,334 |
| Team Travel | $221,834 |
| Enhanced Educational Benefits (Alston or other) | $129,530 |
| Student-Athlete Meals (non-travel) | $58,402 |
| Sports Equipment, Uniforms and Supplies | $54,843 |
| Recruiting | $41,004 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $40,931 |
| Other Operating Expenses | $40,641 |
| Guarantees | $31,000 |
| Game Expenses | $19,357 |
| Memberships and Dues | $5,773 |
| Direct Overhead and Administrative Expenses | $3,883 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $66,117 | $1,796,714 | -$1.7M |
| FY2024 | $57,893 | $1,609,649 | -$1.6M |
| FY2023 | $37,597 | $1,721,298 | -$1.7M |
| FY2022 | $38,316 | $1,421,598 | -$1.4M |
| FY2021 | $46,517 | $1,452,522 | -$1.4M |
| FY2020 | $34,704 | $1,495,423 | -$1.5M |
Michigan's water polo program generated just $66K in FY2025 revenue — nearly all of it ($60K) from restricted endowment and investment income — against $1.8M in expenses, producing a $1.7M deficit. Athletic student aid was the program's single largest cost at $767K, representing more than 40% of total expenditures. Expenses have trended upward over recent years, climbing from $1.4M in FY2022 to $1.8M in FY2025, though the program's spending remains just below the FBS average of $1.9M, ranking 3rd among the five FBS schools and 3rd among
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