In fiscal year 2025, University of Tennessee, Knoxville's Football program reported $151.4M in revenue and $74.0M in expenses, for a net surplus of $77.4M. The program generated $151.4M in total revenue, led by Contributions at $50.5M. Among the 78 FBS programs reporting Football data, University of Tennessee, Knoxville ranks 6th overall in total expenses (6th of 42 Power Four programs) — above the FBS average of $36.5M. University of Tennessee, Knoxville competes in the SEC; financial data is available from FY2017 through FY2025.
| Category | Amount |
|---|---|
| Contributions | $50,491,516 |
| Ticket Sales | $40,942,619 |
| Royalties, Licensing, Advertisement and Sponsorships | $24,496,381 |
| Media Rights | $18,630,506 |
| Program, Novelty, Parking and Concession Sales | $7,733,306 |
| Guarantees | $3,772,358 |
| Football Bowl Revenues | $3,394,840 |
| Direct Institutional Support | $1,542,832 |
| Student Fees | $193,396 |
| Sports Camp Revenues | $158,680 |
| Athletics Restricted Endowment and Investments Income | $52,694 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $17,436,361 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $9,940,636 |
| Direct Overhead and Administrative Expenses | $8,666,973 |
| Athletic Student Aid | $6,143,721 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $5,571,704 |
| Game Expenses | $5,154,627 |
| Other Operating Expenses | $4,798,927 |
| Recruiting | $4,589,573 |
| Guarantees | $3,500,000 |
| Team Travel | $2,376,846 |
| Student-Athlete Meals (non-travel) | $2,008,315 |
| Sports Equipment, Uniforms and Supplies | $1,704,982 |
| Football Bowl Expenses | $1,024,953 |
| Football Bowl Expenses - Coaching Compensation/Bonuses | $560,330 |
| Medical Expenses and Insurance | $530,234 |
| Memberships and Dues | $9,605 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $151,409,128 | $74,017,787 | +$77.4M |
| FY2024 | $149,321,129 | $75,905,015 | +$73.4M |
| FY2023 | $135,090,185 | $59,112,823 | +$76.0M |
| FY2022 | $99,305,304 | $47,194,884 | +$52.1M |
| FY2021 | $62,627,432 | $45,899,235 | +$16.7M |
| FY2020 | $93,137,617 | $55,730,413 | +$37.4M |
Tennessee's football program generated $151.4M in revenue against $74.0M in expenses in FY2025, producing a $77.4M surplus with contributions leading all revenue sources at $50.5M. At $74.0M, the Volunteers rank 6th in spending among all 78 FBS programs tracked — nearly double the FBS average of $36.5M — with coaching salaries, benefits, and bonuses representing the largest expense category at $17.4M. Program expenses have grown significantly over the past several years, rising from $45.9M in FY2021 to their current level, though FY2025 marked a slight pullback from the
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