University of New Mexico (UNM) Football Financial Data

NCAA Membership Financial Reporting System (MFRS) · Mountain West · Data available: FY2017–FY2025

In fiscal year 2025, University of New Mexico (UNM)'s Football program reported $6.0M in revenue and $15.4M in expenses, for a net deficit of $9.4M. The program generated $6.0M in total revenue, led by Guarantees at $2.5M. Among the 78 FBS programs reporting Football data, University of New Mexico ranks 58th overall in total expenses (16th of 36 Group of Five programs) — below the FBS average of $36.5M. University of New Mexico competes in the Mountain West; financial data is available from FY2017 through FY2025.

FY2025 Overview

Total Revenue
$5,971,767
Total Expenses
$15,386,871
Net
-$9,415,104

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FY2025 Revenue Sources

CategoryAmount
Guarantees$2,475,000
Other Operating Revenue$2,365,060
Ticket Sales$930,704
Contributions$175,463
Athletics Restricted Endowment and Investments Income$25,540

FY2025 Expense Breakdown

CategoryAmount
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$3,897,675
Athletic Student Aid$3,766,353
Team Travel$1,943,755
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$1,356,625
Other Operating Expenses$1,141,985
Student-Athlete Meals (non-travel)$877,157
Recruiting$808,498
Sports Equipment, Uniforms and Supplies$474,227
Game Expenses$447,707
Guarantees$360,000
Facilities Maintenance and Operations$181,274
Direct Overhead and Administrative Expenses$131,440
Memberships and Dues$175
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$5,971,767$15,386,871-$9.4M
FY2024$3,729,568$14,606,001-$10.9M
FY2023$3,083,521$11,495,336-$8.4M
FY2022$1,490,062$10,192,230-$8.7M
FY2021$742,425$9,317,134-$8.6M
FY2020$2,187,716$10,566,654-$8.4M

University of New Mexico Football — Financial Context

The football program generated $6.0M in FY2025 revenue, with guarantees — fees earned by playing road games at larger programs — accounting for $2.5M, or roughly 42% of total revenue. Expenses reached $15.4M, led by $3.9M in coaching salaries, producing a $9.4M deficit, though spending remains well below the FBS average of $36.5M, ranking 58th out of 78 programs. Notably, expenses have grown steadily from $9.3M in FY2021 to $15.4M in FY2025, a 66% increase over four years.

Other Sports at University of New Mexico

Men's Basketball · Women's Basketball · Baseball · Soccer · Volleyball · Swimming and Diving · Softball · Tennis · Golf · Track and Field

Frequently Asked Questions

What are the main revenue sources for University of New Mexico Football?
The largest revenue category was Guarantees at $2,475,000 in FY2025.
How does University of New Mexico Football spending compare to other FBS programs?
Among the 78 FBS programs reporting Football data, University of New Mexico ranks 58th overall in total expenses (16th of 36 Group of Five programs) — below the FBS average of $36.5M.
Is University of New Mexico Football profitable?
In FY2025, University of New Mexico Football reported a net deficit of $9.4M.