In fiscal year 2024, University of South Florida (USF)'s Tennis program reported $129K in revenue and $1.6M in expenses, for a net deficit of $1.4M. The largest revenue source was Royalties, Licensing, Advertisement and Sponsorships at $120K. Among the 73 FBS programs reporting Tennis data, University of South Florida ranks 35th overall in total expenses (3rd of 31 Group of Five programs) — below the FBS average of $1.8M. 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 | $6,120 |
| Athletics Restricted Endowment and Investments Income | $2,825 |
| Category | Amount |
|---|---|
| Athletic Student Aid | $636,186 |
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $469,476 |
| Team Travel | $192,603 |
| Sports Equipment, Uniforms and Supplies | $180,890 |
| Game Expenses | $40,302 |
| Recruiting | $23,700 |
| Other Operating Expenses | $12,097 |
| Student-Athlete Meals (non-travel) | $8,600 |
| Medical Expenses and Insurance | $5,490 |
| Memberships and Dues | $1,400 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2024 | $128,945 | $1,570,744 | -$1.4M |
| FY2023 | $132,002 | $1,262,968 | -$1.1M |
| FY2022 | $129,974 | $1,296,318 | -$1.2M |
| FY2021 | $129,535 | $1,065,911 | -$936K |
| FY2020 | $134,550 | $1,089,188 | -$955K |
| FY2019 | $154,136 | $1,242,712 | -$1.1M |
The tennis program generated $129K in revenue in FY2024, with $120K of that coming from royalties, licensing, advertisements, and sponsorships, while expenses reached $1.6M — resulting in a $1.4M deficit. Athletic student aid was the program's single largest cost at $636K, accounting for nearly 40% of total expenditures. At $1.6M in expenses, USF ranks 35th among FBS programs and 4th among Group of Five schools, spending below the FBS average of $1.8M despite a notable upward trend from $1.1M in FY2020.
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