In fiscal year 2025, Utah State University (USU)'s Football program reported $9.6M in revenue and $22.1M in expenses, for a net deficit of $12.5M. The program generated $9.6M in total revenue, led by Contributions at $2.5M. Among the 78 FBS programs reporting Football data, Utah State University ranks 49th overall in total expenses (7th of 36 Group of Five programs) — below the FBS average of $36.5M. Utah State University competes in the Pac-12; financial data is available from FY2016 through FY2025.
| Category | Amount |
|---|---|
| Contributions | $2,545,279 |
| Indirect Institutional Support | $2,503,892 |
| Ticket Sales | $2,042,470 |
| Guarantees | $1,700,000 |
| Direct Institutional Support | $553,329 |
| Football Bowl Revenues | $118,705 |
| In-Kind | $94,919 |
| Athletics Restricted Endowment and Investments Income | $42,598 |
| Other Operating Revenue | $14,144 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $9,510,488 |
| Athletic Student Aid | $2,585,182 |
| Indirect Institutional Support | $2,503,892 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $2,028,891 |
| Sports Equipment, Uniforms and Supplies | $1,203,751 |
| Team Travel | $1,156,075 |
| Student-Athlete Meals (non-travel) | $551,526 |
| Game Expenses | $541,910 |
| Recruiting | $467,427 |
| Guarantees | $415,000 |
| Football Bowl Expenses - Coaching Compensation/Bonuses | $335,842 |
| Other Operating Expenses | $216,586 |
| Severance Payments | $213,425 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $210,648 |
| Fund Raising, Marketing and Promotion | $80,981 |
| Direct Overhead and Administrative Expenses | $69,607 |
| Medical Expenses and Insurance | $10,504 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $9,615,336 | $22,101,735 | -$12.5M |
| FY2024 | $14,977,449 | $18,701,332 | -$3.7M |
| FY2023 | $16,026,551 | $20,824,804 | -$4.8M |
| FY2022 | $10,015,404 | $14,636,770 | -$4.6M |
| FY2021 | $4,863,557 | $12,056,252 | -$7.2M |
| FY2020 | $10,209,361 | $13,542,312 | -$3.3M |
The football program generated $9.6 million in revenue in FY2025, led by $2.5 million in contributions, while spending $22.1 million — resulting in a $12.5 million deficit. Coaching salaries, benefits, and bonuses accounted for $9.5 million, or roughly 43% of total expenses, reflecting a significant personnel investment for a Group of Five program. At $22.1 million in expenses, the program ranks 49th among 78 FBS programs and 8th among 37 Group of Five peers, spending well below the FBS average of $36.5 million, though costs have nearly doubled since FY2
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