University of Minnesota Swimming and Diving Financial Data

NCAA Membership Financial Reporting System (MFRS) · Big Ten · Data available: FY2018–FY2025

In fiscal year 2025, University of Minnesota's Swimming and Diving program reported $370K in revenue and $4.3M in expenses, for a net deficit of $3.9M. The largest revenue source was Contributions at $147K. Among the 56 FBS programs reporting Swimming and Diving data, University of Minnesota ranks 11th overall in total expenses (11th of 33 Power Four programs) — above the FBS average of $2.7M. University of Minnesota competes in the Big Ten; financial data is available from FY2018 through FY2025.

FY2025 Overview

Total Revenue
$369,545
Total Expenses
$4,268,987
Net
-$3,899,442

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FY2025 Revenue Sources

CategoryAmount
Contributions$146,957
Athletics Restricted Endowment and Investments Income$141,108
Royalties, Licensing, Advertisement and Sponsorships$50,000
NCAA Distributions$24,080
Guarantees$5,000
Other Operating Revenue$2,400

FY2025 Expense Breakdown

CategoryAmount
Athletic Student Aid$1,301,812
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$837,350
Indirect Institutional Support$728,022
Team Travel$306,465
Student-Athlete Meals (non-travel)$302,457
Enhanced Educational Benefits (Alston or other)$153,199
Sports Equipment, Uniforms and Supplies$143,439
Athletic Facilities Debt Service, Leases and Rental Fee$143,011
Recruiting$115,250
NCAA Post-Season Non-Football Expenses$65,356
Facilities Maintenance and Operations$53,560
Other Operating Expenses$41,779
Direct Overhead and Administrative Expenses$40,716
Game Expenses$16,652
Guarantees$10,000
NCAA Post-Season Non-Football Expenses - Coaching Compensation/Bonuses$4,781
Fund Raising, Marketing and Promotion$4,188
Memberships and Dues$950
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$369,545$4,268,987-$3.9M
FY2024$298,804$3,525,865-$3.2M
FY2023$246,720$2,911,156-$2.7M
FY2022$99,093$2,641,297-$2.5M
FY2021$42,530$2,108,476-$2.1M
FY2020$67,653$2,778,624-$2.7M

University of Minnesota Swimming and Diving — Financial Context

Minnesota's Swimming and Diving program operated at a $3.9M deficit in FY2025, with $4.3M in expenses dwarfing $370K in revenue, the latter driven primarily by $147K in contributions. At $4.3M, the program's expenses rank 11th among all 56 FBS swimming and diving programs and sit well above the FBS average of $2.7M. Costs have nearly doubled over the past five years, climbing steadily from $2.1M in FY2021 to $4.3M in FY2025, with athletic student aid representing the largest single expense category at $1.3M.

Other Sports at University of Minnesota

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

Frequently Asked Questions

What does University of Minnesota spend on Swimming and Diving?
University of Minnesota Swimming and Diving reported $4,268,987 in total expenses in FY2025. The largest expense was Athletic Student Aid at $1,301,812.
How does University of Minnesota Swimming and Diving spending compare to other FBS programs?
Among the 56 FBS programs reporting Swimming and Diving data, University of Minnesota ranks 11th overall in total expenses (11th of 33 Power Four programs) — above the FBS average of $2.7M.
How is University of Minnesota Swimming and Diving funded?
Like most Power Four Swimming and Diving programs, University of Minnesota funds Swimming and Diving primarily through shared athletic department revenues, which flow from football and basketball at most FBS institutions.