In fiscal year 2024, University of South Florida (USF)'s Golf program reported $212K in revenue and $1.7M in expenses, for a net deficit of $1.5M. The largest revenue source was Royalties, Licensing, Advertisement and Sponsorships at $120K. Among the 76 FBS programs reporting Golf data, University of South Florida ranks 42nd overall in total expenses (4th of 34 Group of Five programs) — below the FBS average of $2.0M. University of South Florida competes in the American; financial data is available from FY2017 through FY2024.
| Category | Amount |
|---|---|
| Royalties, Licensing, Advertisement and Sponsorships | $120,000 |
| Contributions | $38,986 |
| Other Operating Revenue | $32,400 |
| Athletics Restricted Endowment and Investments Income | $19,636 |
| Conference Distributions (Non Media and Non Football Bowl) | $1,367 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $542,201 |
| Athletic Student Aid | $522,402 |
| Team Travel | $246,875 |
| Sports Equipment, Uniforms and Supplies | $195,343 |
| Direct Overhead and Administrative Expenses | $53,280 |
| Game Expenses | $36,952 |
| Recruiting | $28,304 |
| Other Operating Expenses | $18,435 |
| Medical Expenses and Insurance | $11,616 |
| Fund Raising, Marketing and Promotion | $5,524 |
| Student-Athlete Meals (non-travel) | $3,655 |
| Memberships and Dues | $1,020 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2024 | $212,389 | $1,665,607 | -$1.5M |
| FY2023 | $203,612 | $1,325,351 | -$1.1M |
| FY2022 | $223,329 | $1,316,746 | -$1.1M |
| FY2021 | $136,910 | $978,016 | -$841K |
| FY2020 | $140,502 | $971,432 | -$831K |
| FY2019 | $225,689 | $1,147,875 | -$922K |
The golf program generated $212K in total revenue in FY2024, with royalties, licensing, advertisements, and sponsorships accounting for $120K of that figure, while expenses reached $1.7M — resulting in a $1.5M deficit. Coaching salaries, benefits, and bonuses represented the program's largest expense at $542K, driving costs that rank 42nd among 76 FBS programs and 5th among 35 Group of Five schools. Notably, program expenses have risen sharply in recent years, climbing from $971K in FY2020 to $1.7M in FY2024, though they remain below the FBS average of $
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