In fiscal year 2025, Virginia Polytechnic Institute and State University (VT)'s Men's Basketball program reported $10.5M in revenue and $11.5M in expenses, for a net deficit of $993K. The program generated $10.5M in total revenue, led by Media Rights at $4.5M. Among the 78 FBS programs reporting Men's Basketball data, Virginia Polytechnic Institute and State University ranks 33rd overall in total expenses (32nd of 42 Power Four programs) — above the FBS average of $10.2M. Virginia Polytechnic Institute and State University competes in the ACC; financial data is available from FY2010 through FY2025.
| Category | Amount |
|---|---|
| Media Rights | $4,508,202 |
| Ticket Sales | $2,540,171 |
| NCAA Distributions | $2,466,414 |
| Contributions | $436,921 |
| Royalties, Licensing, Advertisement and Sponsorships | $266,858 |
| Conference Distributions of Football Bowl Generated Revenue | $246,756 |
| Program, Novelty, Parking and Concession Sales | $83,800 |
| Category | Amount |
|---|---|
| Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities | $4,249,563 |
| Facilities Maintenance and Operations | $1,480,042 |
| Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities | $1,220,761 |
| Athletic Student Aid | $927,389 |
| Team Travel | $828,106 |
| Game Expenses | $736,955 |
| Guarantees | $465,000 |
| Recruiting | $396,676 |
| Sports Equipment, Uniforms and Supplies | $306,301 |
| Other Operating Expenses | $216,030 |
| Athletic Facilities Debt Service, Leases and Rental Fee | $202,174 |
| Student-Athlete Meals (non-travel) | $153,848 |
| NCAA Post-Season Non-Football Expenses | $149,048 |
| Enhanced Educational Benefits (Alston or other) | $66,005 |
| Direct Overhead and Administrative Expenses | $62,027 |
| Fund Raising, Marketing and Promotion | $46,266 |
| Medical Expenses and Insurance | $31,407 |
| Spirit Groups | $3,600 |
| Memberships and Dues | $440 |
| Fiscal Year | Revenue | Expenses | Net |
|---|---|---|---|
| FY2025 | $10,549,122 | $11,541,638 | -$993K |
| FY2024 | $23,305,144 | $19,896,346 | +$3.4M |
| FY2023 | $30,165,077 | $19,275,570 | +$10.9M |
| FY2022 | $27,599,242 | $18,190,648 | +$9.4M |
| FY2021 | $20,601,705 | $13,379,024 | +$7.2M |
| FY2020 | $22,358,506 | $18,861,625 | +$3.5M |
Virginia Tech's men's basketball program operated at a $993K deficit in FY2025, with $10.5M in revenue — led by $4.5M in media rights — falling short of $11.5M in total expenses, the largest portion of which was $4.2M in coaching salaries and benefits. While the program's expenses rank 33rd among 78 FBS programs and exceed the FBS average of $10.2M, spending dropped dramatically from the prior two years, which saw expenses of $19.9M in FY2024 and $19.3M in FY2023. This sharp decline suggests a significant restructuring of the program's financial footprint
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