In fiscal year 2025, Virginia Polytechnic Institute and State University (VT)'s Football program reported $77.1M in revenue and $44.5M in expenses, for a net surplus of $32.6M. The program generated $77.1M in total revenue, led by Media Rights at $25.5M. Among the 78 FBS programs reporting Football data, Virginia Polytechnic Institute and State University ranks 27th overall in total expenses (27th of 42 Power Four programs) — above the FBS average of $36.5M. Virginia Polytechnic Institute and State University competes in the ACC; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Media Rights | $25,546,478 |
| Ticket Sales | $20,329,983 |
| Royalties, Licensing, Advertisement and Sponsorships | $10,588,087 |
| Contributions | $7,070,625 |
| Conference Distributions of Football Bowl Generated Revenue | $6,541,595 |
| Conference Distributions (Non Media and Non Football Bowl) | $2,260,533 |
| Program, Novelty, Parking and Concession Sales | $2,164,605 |
| Football Bowl Revenues | $1,289,319 |
| NCAA Distributions | $507,284 |
| Guarantees | $325,000 |
| Other Operating Revenue | $296,703 |
| Sports Camp Revenues | $152,073 |
| In-Kind | $11,728 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $11,900,801 |
| Athletic Student Aid | $5,133,619 |
| Sports Equipment, Uniforms and Supplies | $4,403,005 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $3,495,848 |
| Game Expenses | $2,650,879 |
| Team Travel | $2,344,277 |
| Recruiting | $1,956,666 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $1,926,378 |
| Football Bowl Expenses | $1,817,977 |
| Other Operating Expenses | $1,710,590 |
| Facilities Maintenance and Operations | $1,627,511 |
| Student-Athlete Meals (non-travel) | $1,298,162 |
| Enhanced Educational Benefits (Alston or other) | $902,245 |
| Severance Payments | $880,416 |
| Direct Overhead and Administrative Expenses | $785,554 |
| Guarantees | $575,000 |
| Medical Expenses and Insurance | $379,079 |
| Football Bowl Expenses - Coaching Compensation/Bonuses | $322,000 |
| Sports Camp Expenses | $233,599 |
| Fund Raising, Marketing and Promotion | $85,390 |
| Memberships and Dues | $26,915 |
| Spirit Groups | $4,949 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $77,084,013 | $44,460,860 | +$32.6M |
| FY2024 | $154,101,568 | $81,952,448 | +$72.1M |
| FY2023 | $137,972,340 | $64,890,578 | +$73.1M |
| FY2022 | $97,640,788 | $83,532,032 | +$14.1M |
| FY2021 | $63,915,376 | $53,399,748 | +$10.5M |
| FY2020 | $98,793,752 | $68,530,860 | +$30.3M |
Virginia Tech's football program generated $77.1M in revenue against $44.5M in expenses in FY2025, producing a $32.6M surplus with media rights leading all revenue sources at $25.5M. The program's $44.5M expense total ranks 27th among 78 FBS programs and sits above the FBS average of $36.5M, with coaching salaries representing the largest cost at $11.9M. Notably, expenses dropped sharply from $82.0M in FY2024 to $44.5M in FY2025, a decline of nearly 46% that represents the program's lowest expenditure level since at least F
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