Virginia Polytechnic Institute and State University (VT) Track and Field Financial Data

NCAA Membership Financial Reporting System (MFRS) · ACC · Data available: FY2010–FY2025

In fiscal year 2025, Virginia Polytechnic Institute and State University (VT)'s Track and Field program reported $714K in revenue and $6.5M in expenses, for a net deficit of $5.8M. The largest revenue source was Royalties, Licensing, Advertisement and Sponsorships at $453K. Among the 77 FBS programs reporting Track and Field data, Virginia Polytechnic Institute and State University ranks 13th overall in total expenses (13th of 42 Power Four programs) — above the FBS average of $3.9M. Virginia Polytechnic Institute and State University competes in the ACC; financial data is available from FY2010 through FY2025.

FY2025 Overview

Total Revenue
$714,077
Total Expenses
$6,466,941
Net
-$5,752,864

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FY2025 Revenue Sources

CategoryAmount
Royalties, Licensing, Advertisement and Sponsorships$452,992
NCAA Distributions$235,110
Contributions$16,819
Other Operating Revenue$7,500
Program, Novelty, Parking and Concession Sales$1,656

FY2025 Expense Breakdown

CategoryAmount
Athletic Student Aid$1,988,126
Coaching Salaries, Benefits and Bonuses paid by the University and Related Entities$1,037,391
NCAA Post-Season Non-Football Expenses$653,745
Sports Equipment, Uniforms and Supplies$596,444
Enhanced Educational Benefits (Alston or other)$586,065
Student-Athlete Meals (non-travel)$416,928
Team Travel$400,743
Support Staff/Administrative Compensation, Benefits and Bonuses paid by the University and Related Entities$194,407
Direct Overhead and Administrative Expenses$129,537
Medical Expenses and Insurance$99,932
Game Expenses$98,231
Recruiting$96,767
Facilities Maintenance and Operations$93,580
Other Operating Expenses$61,677
Fund Raising, Marketing and Promotion$8,761
Athletic Facilities Debt Service, Leases and Rental Fee$2,180
Memberships and Dues$1,377
NCAA Post-Season Non-Football Expenses - Coaching Compensation/Bonuses$1,050
Data sourced from NCAA MFRS filings obtained via public records (FOIA) requests and official athletic department disclosures. Figures are as reported to the NCAA and may include institutional support, conference distributions, and other non-self-generated revenue. See the methodology page for full sourcing details.

Year-over-Year Trend

Fiscal YearRevenueExpensesNet
FY2025$714,077$6,466,941-$5.8M
FY2024$1,077,292$10,901,502-$9.8M
FY2023$347,180$10,119,754-$9.8M
FY2022$291,618$7,472,104-$7.2M
FY2021$243,948$6,997,312-$6.8M
FY2020$1,116,432$7,267,662-$6.2M

Virginia Polytechnic Institute and State University Track and Field — Financial Context

Virginia Tech's Track and Field program operated at a $5.8 million deficit in FY2025, with expenses of $6.5 million dwarfing revenues of $714 thousand, the latter driven primarily by $453 thousand in royalties, licensing, advertisements, and sponsorships. Despite ranking 13th in expenses among 77 FBS programs — well above the FBS average of $3.9 million — the program has actually seen a significant cost reduction from its FY2024 peak of $10.9 million. Athletic student aid represented the program's single largest expense at $2.0 million in FY2025.

Other Sports at Virginia Polytechnic Institute and State University

Football · Men's Basketball · Women's Basketball · Baseball · Soccer · Volleyball · Swimming and Diving · Softball · Tennis · Golf · Wrestling · Lacrosse

Frequently Asked Questions

What does Virginia Polytechnic Institute and State University spend on Track and Field?
Virginia Polytechnic Institute and State University Track and Field reported $6,466,941 in total expenses in FY2025. The largest expense was Athletic Student Aid at $1,988,126.
How does Virginia Polytechnic Institute and State University Track and Field spending compare to other FBS programs?
Among the 77 FBS programs reporting Track and Field data, Virginia Polytechnic Institute and State University ranks 13th overall in total expenses (13th of 42 Power Four programs) — above the FBS average of $3.9M.
How is Virginia Polytechnic Institute and State University Track and Field funded?
Like most Power Four Track and Field programs, Virginia Polytechnic Institute and State University funds Track and Field primarily through shared athletic department revenues, which flow from football and basketball at most FBS institutions.