In fiscal year 2024, University of South Florida (USF)'s Soccer program reported $284K in revenue and $3.1M in expenses, for a net deficit of $2.9M. The largest revenue source was Royalties, Licensing, Advertisement and Sponsorships at $240K. Among the 78 FBS programs reporting Soccer data, University of South Florida ranks 27th overall in total expenses (5th of 36 Group of Five programs) — above the FBS average of $2.9M. University of South Florida competes in the American; financial data is available from FY2017 through FY2024.
| Category | Amount |
|---|---|
| Royalties, Licensing, Advertisement and Sponsorships | $240,000 |
| Ticket Sales | $16,779 |
| Athletics Restricted Endowment and Investments Income | $11,243 |
| Contributions | $10,718 |
| Guarantees | $3,500 |
| Direct State or Other Government Support | $1,175 |
| Conference Distributions (Non Media and Non Football Bowl) | $467 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $1,311,967 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $814,754 |
| Team Travel | $383,209 |
| Sports Equipment, Uniforms and Supplies | $275,975 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $113,256 |
| Recruiting | $78,447 |
| Other Operating Expenses | $53,418 |
| Student-Athlete Meals (non-travel) | $42,708 |
| Game Expenses | $33,345 |
| Guarantees | $13,353 |
| Direct Overhead and Administrative Expenses | $9,429 |
| Medical Expenses and Insurance | $7,062 |
| Fund Raising, Marketing and Promotion | $3,104 |
| Memberships and Dues | $1,590 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2024 | $283,882 | $3,141,617 | -$2.9M |
| FY2023 | $340,486 | $2,786,037 | -$2.4M |
| FY2022 | $299,730 | $2,295,548 | -$2.0M |
| FY2021 | $366,339 | $2,012,910 | -$1.6M |
| FY2020 | $341,924 | $2,171,295 | -$1.8M |
| FY2019 | $329,597 | $2,191,306 | -$1.9M |
The soccer program at University of South Florida generated $284K in revenue in FY2024, with royalties, licensing, advertisements, and sponsorships accounting for the vast majority at $240K. Against $3.1M in expenses — led by $1.3M in athletic student aid — the program ran a $2.9M deficit, ranking 27th among 78 FBS programs and 6th among 37 Group of Five schools in spending. Expenses have climbed steadily over recent years, rising from $2.0M in FY2021 to $3.1M in FY2024, now exceeding the FBS average of $2.9M.
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