Good morning, and thanks for spending part of your day with Extra Points..
I have some exciting news! To kick off the Men’s NCAA Tournament, we’re hosting another bracket challenge, thanks to our pals at Short Courts.

Short Courts makes beautiful and authentic framed replica courts and football fields, perfect for your donors, fans and fundraisers. Designed to celebrate your program and thank the people who make it possible, Short Courts are hand crafted and customizable for any occasion. Check out examples courts and fields here.
Here are the details:
The Bracket Challenge is open to ALL Extra Points readers, not just premium subscribers. If we’ve got your email, you’re welcome to enter the challenge.
Simply fill out your bracket here. Limit one per person.
The winner of the bracket challenge will get their very own Short Court of the team of their choice, along with some additional Extra Points prizes. The second and third place winners will also get free Extra Points Premium subscriptions. Winners will be notified shortly after the championship game.
No purchase necessary, no cash collected. We’re not out here trying to get anybody in trouble with the NCAA.
Anyway, I look forward to seeing all you completely demolish me in this challenge. Am I going to do a terrible job because I’m bad at picking college basketball winners, or because I’m going to be sentimental and put Ohio State in the Final Four? Well, who can say.
You don’t need to follow college basketball on a regular basis to participate in a bracket challenge, or even to appreciate the tournament at all. It’s accessible and easy to appreciate, no matter how casual your fandom.
To commemorate March Madness, we’ll shift to basketball programs for our next chapter of our FY25 sport-specific budget breakdowns. Earlier this month, we published the operating budgets for Women’s Soccer and Baseball. We’ll get to women’s basketball numbers later this week, but today, I’m happy to share the data we have for men’s basketball.
First, some notes on the methodology
Every D-1 and D-II school files an itemized athletic department budget report with the NCAA, called the MFRS report. This report breaks down how athletic departments generate and spend money, itemized by sport. It’s not perfect by any means, but it’s the closest thing we have in college sports to a unified data set.
We obtain these documents by filling hundreds of Open Records Requests. Because of those requests, and because of our data analysis, we’re able to compare spending across more than 200 schools. You can pull your own reports, just like this, for every single NCAA sport, via the Extra Points Library ($).
The data you’ll see referenced here, and in all future newsletters in this series, comes from the Total Operational Expenses line item from that report. That number includes all the money a school spends on coaching salaries, administrative salaries, scholarships, travel, software, recruiting, and all sorts of other operational expenses. It does not include athlete revenue share payments. The numbers we are talking about here are not the “salary cap” for each team.
I’d love to publish that information! But almost every school refuses to share it, even at an anonymized level. So this is the next best thing I can get.
This data also comes from FY25, or July 1 2024-June 30 2025. That means this data is not from this basketball season. It is from last basketball season, when Florida won the national title.
And finally, we can only obtain data from schools that respond to open records requests. Private schools, like Furman, Penn, BYU, etc do not have to respond to FOIAs, and thus do not publish their MFRS reports. A few public schools, like Pitt, Temple, UCF, Delaware and Delaware State, are exempt from state open records laws. A handful of other schools have not yet responded to our repeated requests, either because they limit FOIAs to in-state residents (so we have to pay a stand-in), or because they’re simply very slow at responding to requests.
We are currently missing data from Air Force, Alabama State, Alabama A&M, Alcorn State, Army, Coppin State, ETSU, Georgia Tech, Florida, FIU, Jackson State, Morehead State, Morgan State, North Alabama, Texas Southern, Troy, South Alabama, South Carolina Upstate, UNC-Asheville, UNC-Greensboro, UC-Santa Barbara, UL-Monroe, UMBC, UT-Chattanooga, Tennessee State, and UT-Martin. If you happen to have the FY25 MFRS report for any of these schools, I’ll happily give you free premium Extra Points in exchange (and/or give you any of ours).
Got all of that? Great.
Here are the top Men’s Basketball operating budgets from FY25:
School | FY25 Total Expenses |
Indiana University, Bloomington | $32,041,364 |
University of Tennessee, Knoxville | $23,183,445 |
University of Arizona | $22,608,493 |
University of Texas at Austin | $22,403,330 |
University of Connecticut | $21,554,604 |
University of Arkansas, Fayetteville | $21,254,027 |
Michigan State University | $21,009,976 |
University of Kentucky | $20,787,671 |
Auburn University | $20,535,097 |
University of Louisville | $19,884,419 |
University of Kansas | $19,732,079 |
University of Illinois Urbana-Champaign | $18,619,676 |
University of Mississippi | $18,228,378 |
University of California, Los Angeles | $17,799,741 |
University of North Carolina, Chapel Hill | $16,813,590 |
University of Virginia | $16,684,746 |
Texas Tech University | $16,600,424 |
Rutgers, The State University of New Jersey, New Brunswick | $16,096,898 |
University of Minnesota, Twin Cities | $15,668,467 |
University of Alabama | $15,230,392 |
Florida State University | $15,064,639 |
Pennsylvania State University | $15,001,847 |
University of Houston | $14,626,221 |
The Ohio State University | $14,588,893 |
University of Michigan | $14,358,515 |
University of Missouri, Columbia | $14,354,000 |
Texas A&M University, College Station | $14,318,327 |
University of California, Berkeley | $14,101,936 |
University of Oregon | $14,072,869 |
Purdue University | $14,040,438 |
University of Oklahoma | $13,662,135 |
University of Nebraska-Lincoln | $13,427,513 |
University of Iowa | $13,292,249 |
University of Maryland, College Park | $12,972,857 |
North Carolina State University | $12,873,636 |
Clemson University | $12,799,513 |
University of Washington | $12,761,916 |
University of Wisconsin-Madison | $12,431,427 |
Mississippi State University | $12,220,602 |
University of Cincinnati | $11,883,407 |
Virginia Polytechnic Institute and State University | $11,541,638 |
Kansas State University | $11,464,762 |
University of Utah | $11,191,830 |
Louisiana State University | $11,104,405 |
University of South Carolina, Columbia | $11,074,153 |
University of Memphis | $10,776,074 |
West Virginia University | $10,766,985 |
Iowa State University | $10,578,135 |
University of Georgia | $10,400,030 |
Arizona State University | $10,185,948 |
Oklahoma State University | $9,530,565 |
San Diego State University | $9,110,688 |
University of Colorado, Boulder | $8,608,359 |
University of South Florida | $8,567,401 |
University of Rhode Island | $7,857,207 |
Virginia Commonwealth University | $7,818,055 |
Colorado State University | $7,378,177 |
George Mason University | $7,008,096 |
Oregon State University | $6,899,223 |
Wichita State University | $6,755,672 |
Utah State University | $6,611,877 |
University of Massachusetts, Amherst | $6,314,236 |
University of New Mexico | $5,890,643 |
University of Nevada, Reno | $5,620,042 |
Boise State University | $5,437,774 |
University of Nevada, Las Vegas | $5,338,081 |
College of Charleston | $5,199,977 |
University of North Texas | $5,041,794 |
University of Alabama at Birmingham | $5,003,622 |
Arkansas State University | $4,987,017 |
Florida Atlantic University | $4,931,154 |
East Carolina University | $4,856,009 |
University of Texas at El Paso | $4,671,235 |
University at Buffalo, the State University of New York | $4,538,362 |
California State University, Fresno | $4,478,222 |
James Madison University | $4,408,806 |
Washington State University | $4,381,802 |
University of Wyoming | $4,349,840 |
University of California, Irvine | $4,317,610 |
Old Dominion University | $4,218,097 |
The University of North Carolina at Charlotte | $4,118,482 |
University of Akron | $4,065,757 |
Ohio University | $4,057,526 |
University of Illinois Chicago | $4,014,892 |
University of California, San Diego | $3,950,375 |
Missouri State University | $3,840,536 |
University of North Carolina Wilmington | $3,810,823 |
Stony Brook University | $3,701,707 |
University of Northern Iowa | $3,697,295 |
Texas State University | $3,635,002 |
San Jose State University | $3,602,132 |
University of California, Riverside | $3,595,223 |
Marshall University | $3,593,971 |
New Mexico State University | $3,557,248 |
Northern Illinois University | $3,501,500 |
University of Montana | $3,497,311 |
University of Louisiana at Lafayette | $3,407,642 |
Coastal Carolina University | $3,353,160 |
Austin Peay State University | $3,348,218 |
Longwood University | $3,313,839 |
University of Hawaii, Manoa | $3,221,099 |
McNeese State University | $3,169,273 |
University of Toledo | $3,167,166 |
Southern Illinois University at Carbondale | $3,134,094 |
California State University, Northridge | $3,132,883 |
Illinois State University | $3,104,721 |
Cleveland State University | $2,998,273 |
Western Kentucky University | $2,977,912 |
Norfolk State University | $2,929,667 |
Indiana State University | $2,929,494 |
University of Texas at San Antonio | $2,916,916 |
William & Mary | $2,902,405 |
Miami University (Ohio) | $2,901,957 |
Northern Kentucky University | $2,900,547 |
University of Vermont | $2,887,312 |
University of Wisconsin-Milwaukee | $2,878,950 |
Georgia State University | $2,870,472 |
Oakland University | $2,855,987 |
Kent State University | $2,843,843 |
Bowling Green State University | $2,838,564 |
Murray State University | $2,785,562 |
University of California, Davis | $2,779,116 |
Montana State University-Bozeman | $2,778,265 |
Appalachian State University | $2,759,201 |
Stephen F. Austin State University | $2,713,124 |
University at Albany | $2,703,960 |
Binghamton University | $2,695,910 |
South Dakota State University | $2,671,483 |
University of Texas at Arlington | $2,668,943 |
Tarleton State University | $2,658,014 |
Purdue University Fort Wayne | $2,646,777 |
Towson University | $2,611,883 |
IU Indy | $2,606,362 |
Kennesaw State University | $2,605,729 |
University of Missouri-Kansas City | $2,590,773 |
Wright State University | $2,583,304 |
New Jersey Institute of Technology | $2,583,100 |
Winthrop University | $2,578,551 |
Ball State University | $2,572,793 |
Louisiana Tech University | $2,572,343 |
Central Michigan University | $2,549,635 |
Long Beach State University | $2,541,381 |
California Polytechnic State University | $2,537,259 |
University of Nebraska Omaha | $2,533,466 |
Florida Gulf Coast University | $2,519,071 |
University of Wisconsin-Green Bay | $2,461,416 |
The University of Southern Mississippi | $2,449,733 |
Eastern Michigan University | $2,410,498 |
University of North Dakota | $2,405,937 |
Western Michigan University | $2,398,421 |
Eastern Kentucky University | $2,344,183 |
University of Massachusetts Lowell | $2,343,039 |
Youngstown State University | $2,285,494 |
California State University, Bakersfield | $2,268,331 |
California State University, Sacramento | $2,265,831 |
Eastern Washington University | $2,247,764 |
California State University, Fullerton | $2,246,801 |
Virginia Military Institute | $2,230,140 |
University of Arkansas at Little Rock | $2,226,185 |
Radford University | $2,225,866 |
Weber State University | $2,223,735 |
Texas A&M University, Corpus Christi | $2,195,185 |
Portland State University | $2,172,798 |
University of Northern Colorado | $2,133,487 |
Sam Houston State University | $2,127,420 |
The University of Texas Rio Grande Valley | $2,102,481 |
North Carolina A&T State University | $2,093,189 |
University of South Dakota | $2,083,139 |
U.S. Naval Academy | $2,024,292 |
University of North Florida | $2,011,131 |
University of Maine | $2,000,454 |
North Dakota State University | $1,971,005 |
Georgia Southern University | $1,961,184 |
The Citadel | $1,941,284 |
Lamar University | $1,916,716 |
Utah Valley University | $1,914,532 |
Utah Tech University | $1,909,141 |
University of Southern Indiana | $1,836,934 |
Tennessee Technological University | $1,828,386 |
Southern Utah University | $1,812,228 |
University of Idaho | $1,791,364 |
Eastern Illinois University | $1,732,886 |
Southern Illinois University Edwardsville | $1,698,060 |
North Carolina Central University | $1,691,712 |
Southeast Missouri State University | $1,654,926 |
Northern Arizona University | $1,624,792 |
University of Central Arkansas | $1,621,424 |
University of New Hampshire | $1,602,559 |
East Texas A&M University | $1,577,788 |
Prairie View A&M University | $1,560,852 |
Western Carolina University | $1,560,366 |
Grambling State University | $1,482,688 |
Western Illinois University | $1,375,745 |
Chicago State University | $1,369,898 |
Southern University, Baton Rouge | $1,301,728 |
University of West Georgia | $1,289,733 |
Northwestern State University | $1,283,173 |
Florida A&M University | $1,277,300 |
Central Connecticut State University | $1,256,115 |
University of Maryland Eastern Shore | $1,250,391 |
University of New Orleans | $1,214,561 |
Idaho State University | $1,214,264 |
Nicholls State University | $1,186,820 |
Southeastern Louisiana University | $1,181,320 |
Mississippi Valley State University | $717,025 |
Wait, Indiana? How they hell did Indiana spend so much money, only to stink?
Last year, Indiana went 19-13, missing the NCAA Tournament entirely. How on earth did they manage to spend so much money on medioricty, even before we get to a single dollar that directly went to athletes?
Part the reason Indiana’s number is so high is because the program reported spending $7,767,591 on severance payments, presumably related to former head coach Mike Woodson’s termination. That number was nearly three times more than the second highest severance payment (Louisville) in FY25. Throw in team travel and administrative expernses that were both in the top ten in the country, and there you go. Huge budget number.
But this got me thinking….clearly Indiana spent a lot to get…not very much. What programs were the most efficient in spending per win?

With the obvious caveat that this does not include roster payment figures, because schools haev decided not release that information, here’s what we can learn from FY25’s data:
School | Record | Total Expenses | Cost per Win |
Central Connecticut State University | 23-7 | $1,256,115 | $54,614 |
Nicholls State University | 17-13 | $1,186,820 | $69,813 |
Southeastern Louisiana University | 16-14 | $1,181,320 | $73,833 |
Southern University, Baton Rouge | 17-12 | $1,301,728 | $76,572 |
Utah Valley University | 23-9 | $1,914,532 | $83,241 |
Southern Illinois University Edwardsville | 19-12 | $1,698,060 | $89,372 |
Northwestern State University | 14-16 | $1,283,173 | $91,655 |
Southeast Missouri State University | 18-12 | $1,654,926 | $91,940 |
University of Northern Colorado | 22-10 | $2,133,487 | $96,977 |
Idaho State University | 12-15 | $1,214,264 | $101,189 |
Florida A&M University | 12-17 | $1,277,300 | $106,442 |
North Dakota State University | 18-11 | $1,971,005 | $109,500 |
University of Maine | 18-14 | $2,000,454 | $111,136 |
Lamar University | 17-13 | $1,916,716 | $112,748 |
Northern Arizona University | 14-16 | $1,624,792 | $116,057 |
Youngstown State University | 19-13 | $2,285,494 | $120,289 |
McNeese State University | 26-7 | $3,169,273 | $121,895 |
Georgia Southern University | 16-16 | $1,961,184 | $122,574 |
Radford University | 18-13 | $2,225,866 | $123,659 |
Towson University | 21-11 | $2,611,883 | $124,375 |
Miami University (Ohio) | 23-9 | $2,901,957 | $126,172 |
University of Nebraska Omaha | 20-13 | $2,533,466 | $126,673 |
Winthrop University | 20-11 | $2,578,551 | $128,928 |
Kent State University | 22-12 | $2,843,843 | $129,266 |
University of South Dakota | 16-14 | $2,083,139 | $130,196 |
University of Arkansas at Little Rock | 17-14 | $2,226,185 | $130,952 |
Portland State University | 16-13 | $2,172,798 | $135,800 |
University of California, Irvine | 31-7 | $4,317,610 | $139,278 |
Norfolk State University | 21-11 | $2,929,667 | $139,508 |
Florida Gulf Coast University | 18-15 | $2,519,071 | $139,948 |
Tennessee Technological University | 13-17 | $1,828,386 | $140,645 |
University of California, San Diego | 28-5 | $3,950,375 | $141,085 |
U.S. Naval Academy | 14-19 | $2,024,292 | $144,592 |
Eastern Kentucky University | 16-14 | $2,344,183 | $146,511 |
Illinois State University | 21-14 | $3,104,721 | $147,844 |
University of Idaho | 12-19 | $1,791,364 | $149,280 |
Cleveland State University | 20-13 | $2,998,273 | $149,914 |
Louisiana Tech University | 17-12 | $2,572,343 | $151,314 |
University of Wisconsin-Milwaukee | 19-11 | $2,878,950 | $151,524 |
University of Vermont | 19-12 | $2,887,312 | $151,964 |
University of North Carolina Wilmington | 25-8 | $3,810,823 | $152,433 |
Western Illinois University | 9-19 | $1,375,745 | $152,861 |
University of North Florida | 13-17 | $2,011,131 | $154,702 |
Purdue University Fort Wayne | 17-13 | $2,646,777 | $155,693 |
University of Akron | 26-7 | $4,065,757 | $156,375 |
California State University, Northridge | 20-11 | $3,132,883 | $156,644 |
South Dakota State University | 17-12 | $2,671,483 | $157,146 |
University of Montana | 22-10 | $3,497,311 | $158,969 |
Eastern Michigan University | 15-16 | $2,410,498 | $160,700 |
Kennesaw State University | 16-14 | $2,605,729 | $162,858 |
Grambling State University | 9-22 | $1,482,688 | $164,743 |
University of Massachusetts Lowell | 14-15 | $2,343,039 | $167,360 |
California Polytechnic State University | 15-19 | $2,537,259 | $169,151 |
North Carolina Central University | 10-19 | $1,691,712 | $169,171 |
The University of Texas Rio Grande Valley | 12-15 | $2,102,481 | $175,207 |
University at Albany | 15-16 | $2,703,960 | $180,264 |
Appalachian State University | 15-14 | $2,759,201 | $183,947 |
Murray State University | 15-17 | $2,785,562 | $185,704 |
University of Toledo | 17-15 | $3,167,166 | $186,304 |
California State University, Bakersfield | 12-19 | $2,268,331 | $189,028 |
University of California, Riverside | 19-13 | $3,595,223 | $189,222 |
Oakland University | 15-18 | $2,855,987 | $190,399 |
Eastern Illinois University | 9-19 | $1,732,886 | $192,543 |
Northern Kentucky University | 15-16 | $2,900,547 | $193,370 |
William & Mary | 15-15 | $2,902,405 | $193,494 |
University of Northern Iowa | 19-13 | $3,697,295 | $194,594 |
Western Kentucky University | 15-15 | $2,977,912 | $198,527 |
Wright State University | 13-18 | $2,583,304 | $198,716 |
Marshall University | 18-13 | $3,593,971 | $199,665 |
Southern Utah University | 9-19 | $1,812,228 | $201,359 |
University of North Texas | 25-9 | $5,041,794 | $201,672 |
Virginia Military Institute | 11-19 | $2,230,140 | $202,740 |
Arkansas State University | 24-11 | $4,987,017 | $207,792 |
Sam Houston State University | 10-19 | $2,127,420 | $212,742 |
University of California, Davis | 13-17 | $2,779,116 | $213,778 |
Boise State University | 25-11 | $5,437,774 | $217,511 |
University of Alabama at Birmingham | 23-13 | $5,003,622 | $217,549 |
Western Michigan University | 11-20 | $2,398,421 | $218,038 |
Georgia State University | 13-19 | $2,870,472 | $220,806 |
Longwood University | 15-14 | $3,313,839 | $220,923 |
Binghamton University | 12-17 | $2,695,910 | $224,659 |
College of Charleston | 23-9 | $5,199,977 | $226,086 |
University of New Mexico | 26-8 | $5,890,643 | $226,563 |
University of Southern Indiana | 8-20 | $1,836,934 | $229,617 |
Washington State University | 19-15 | $4,381,802 | $230,621 |
University of Central Arkansas | 7-24 | $1,621,424 | $231,632 |
Ball State University | 11-17 | $2,572,793 | $233,890 |
Bowling Green State University | 12-18 | $2,838,564 | $236,547 |
University of Texas at Arlington | 11-18 | $2,668,943 | $242,631 |
Indiana State University | 12-18 | $2,929,494 | $244,125 |
James Madison University | 18-12 | $4,408,806 | $244,934 |
Stephen F. Austin State University | 11-17 | $2,713,124 | $246,648 |
Weber State University | 9-22 | $2,223,735 | $247,082 |
University of Hawaii, Manoa | 13-16 | $3,221,099 | $247,777 |
New Mexico State University | 14-15 | $3,557,248 | $254,089 |
Central Michigan University | 10-17 | $2,549,635 | $254,964 |
University of West Georgia | 5-25 | $1,289,733 | $257,947 |
Texas State University | 14-16 | $3,635,002 | $259,643 |
Utah State University | 25-8 | $6,611,877 | $264,475 |
University of New Hampshire | 6-24 | $1,602,559 | $267,093 |
University of North Dakota | 9-21 | $2,405,937 | $267,326 |
University of Illinois Chicago | 15-14 | $4,014,892 | $267,659 |
George Mason University | 26-9 | $7,008,096 | $269,542 |
Ohio University | 15-16 | $4,057,526 | $270,502 |
San Jose State University | 13-20 | $3,602,132 | $277,087 |
Austin Peay State University | 12-19 | $3,348,218 | $279,018 |
Eastern Washington University | 8-22 | $2,247,764 | $280,971 |
Colorado State University | 26-10 | $7,378,177 | $283,776 |
East Carolina University | 17-14 | $4,856,009 | $285,648 |
University of Missouri-Kansas City | 9-20 | $2,590,773 | $287,864 |
Virginia Commonwealth University | 27-7 | $7,818,055 | $289,558 |
Florida Atlantic University | 17-16 | $4,931,154 | $290,068 |
Tarleton State University | 9-20 | $2,658,014 | $295,335 |
University of Nevada, Las Vegas | 18-15 | $5,338,081 | $296,560 |
University of New Orleans | 4-27 | $1,214,561 | $303,640 |
University of Louisiana at Lafayette | 11-21 | $3,407,642 | $309,786 |
University of Texas at El Paso | 15-15 | $4,671,235 | $311,416 |
Western Carolina University | 5-22 | $1,560,366 | $312,073 |
East Texas A&M University | 5-26 | $1,577,788 | $315,558 |
Old Dominion University | 13-20 | $4,218,097 | $324,469 |
University of Nevada, Reno | 17-16 | $5,620,042 | $330,591 |
Chicago State University | 4-28 | $1,369,898 | $342,475 |
North Carolina A&T State University | 6-25 | $2,093,189 | $348,865 |
Oregon State University | 19-13 | $6,899,223 | $363,117 |
University of Memphis | 29-6 | $10,776,074 | $371,589 |
IU Indy | 7-22 | $2,606,362 | $372,337 |
Wichita State University | 18-15 | $6,755,672 | $375,315 |
Utah Tech University | 5-26 | $1,909,141 | $381,828 |
Prairie View A&M University | 4-27 | $1,560,852 | $390,213 |
University of Wyoming | 11-20 | $4,349,840 | $395,440 |
The University of North Carolina at Charlotte | 10-22 | $4,118,482 | $411,848 |
University of Houston | 35-5 | $14,626,221 | $417,892 |
Coastal Carolina University | 8-22 | $3,353,160 | $419,145 |
Iowa State University | 25-10 | $10,578,135 | $423,125 |
San Diego State University | 20-10 | $9,110,688 | $455,534 |
University of Wisconsin-Madison | 27-10 | $12,431,427 | $460,423 |
University of Rhode Island | 17-13 | $7,857,207 | $462,189 |
Clemson University | 27-7 | $12,799,513 | $474,056 |
University of Maryland, College Park | 27-9 | $12,972,857 | $480,476 |
New Jersey Institute of Technology | 5-25 | $2,583,100 | $516,620 |
University of Georgia | 20-13 | $10,400,030 | $520,002 |
Stony Brook University | 7-24 | $3,701,707 | $528,815 |
University of Michigan | 27-10 | $14,358,515 | $531,797 |
Missouri State University | 7-23 | $3,840,536 | $548,648 |
Oklahoma State University | 17-18 | $9,530,565 | $560,621 |
California State University, Fullerton | 4-26 | $2,246,801 | $561,700 |
University of Oregon | 25-10 | $14,072,869 | $562,915 |
California State University, Sacramento | 4-25 | $2,265,831 | $566,458 |
West Virginia University | 19-13 | $10,766,985 | $566,683 |
University of Massachusetts, Amherst | 11-20 | $6,314,236 | $574,021 |
Mississippi State University | 21-13 | $12,220,602 | $581,933 |
Purdue University | 24-12 | $14,040,438 | $585,018 |
Texas Tech University | 28-9 | $16,600,424 | $592,872 |
University of Colorado, Boulder | 14-21 | $8,608,359 | $614,883 |
University of Wisconsin-Green Bay | 4-27 | $2,461,416 | $615,354 |
Texas A&M University, College Station | 23-11 | $14,318,327 | $622,536 |
University of Maryland Eastern Shore | 2-25 | $1,250,391 | $625,196 |
University of Cincinnati | 19-16 | $11,883,407 | $625,442 |
Auburn University | 32-6 | $20,535,097 | $641,722 |
University of Missouri, Columbia | 22-12 | $14,354,000 | $652,455 |
University of Oklahoma | 20-14 | $13,662,135 | $683,107 |
University of Utah | 16-17 | $11,191,830 | $699,489 |
Michigan State University | 30-7 | $21,009,976 | $700,333 |
University of South Florida | 12-19 | $8,567,401 | $713,950 |
Kansas State University | 16-17 | $11,464,762 | $716,548 |
Mississippi Valley State University | 1-28 | $717,025 | $717,025 |
University of North Carolina, Chapel Hill | 23-14 | $16,813,590 | $731,026 |
University of Louisville | 27-8 | $19,884,419 | $736,460 |
California State University, Fresno | 6-26 | $4,478,222 | $746,370 |
University of Mississippi | 24-12 | $18,228,378 | $759,516 |
University of Tennessee, Knoxville | 30-8 | $23,183,445 | $772,782 |
University of California, Los Angeles | 23-11 | $17,799,741 | $773,902 |
University of Iowa | 17-16 | $13,292,249 | $781,897 |
Arizona State University | 13-20 | $10,185,948 | $783,534 |
Louisiana State University | 14-18 | $11,104,405 | $793,172 |
The Ohio State University | 17-15 | $14,588,893 | $858,170 |
University of Kentucky | 24-12 | $20,787,671 | $866,153 |
Florida State University | 17-15 | $15,064,639 | $886,155 |
Virginia Polytechnic Institute and State University | 13-19 | $11,541,638 | $887,818 |
University of Connecticut | 24-11 | $21,554,604 | $898,109 |
University of South Carolina, Columbia | 12-20 | $11,074,153 | $922,846 |
Pennsylvania State University | 16-15 | $15,001,847 | $937,615 |
University of Kansas | 21-13 | $19,732,079 | $939,623 |
University of Arizona | 24-13 | $22,608,493 | $942,021 |
University of Arkansas, Fayetteville | 22-14 | $21,254,027 | $966,092 |
University of California, Berkeley | 14-19 | $14,101,936 | $1,007,281 |
University of Minnesota, Twin Cities | 15-17 | $15,668,467 | $1,044,564 |
University of Washington | 12-18 | $12,761,916 | $1,063,493 |
North Carolina State University | 12-19 | $12,873,636 | $1,072,803 |
Rutgers, The State University of New Jersey, New Brunswick | 15-17 | $16,096,898 | $1,073,127 |
University of Virginia | 15-17 | $16,684,746 | $1,112,316 |
Northern Illinois University | 3-25 | $3,501,500 | $1,167,167 |
University of Texas at Austin | 19-16 | $22,403,330 | $1,179,123 |
Indiana University, Bloomington | 19-13 | $32,041,364 | $1,686,388 |
The Citadel | 1-25 | $1,941,284 | $1,941,284f |
Did any of this surprise you? Where should we go next with our budget analysis? Let us know in the comments.












