TOTAL REV $93.76M
TOTAL EXP $87.32M
NET $6.43M
TOTAL EXP $87.32M
NET $6.43M
Investment Profile · FY 2019
Michigan State University
East Lansing, Michigan · NCAA Division I-FBS · Public, 4-year or above · Enrollment 35,575
ZIP 488241046 · IPEDS unitid 171100
Revenue Percentile (Division)
82th
82th
Key Financial Metrics · 2019
Total Revenue
$93.76M
Total Expenses
$87.32M
Net Result
$6.43M
Unique Athletes
311
Revenue & Expense Trend (2015–2019)
Revenue
Expenses
Expenses
Gender Investment Allocation
Men’s programs 97.6%Women’s programs 2.4%
$91.55M
$2.21M
$2.21M
Sport Program Investment
Revenue by sport
Football
$68.94M
Basketball
$20.29M
Golf
$1.01M
Volleyball
$755.6K
Ice Hockey
$678.4K
Soccer
$620.7K
Baseball
$375.6K
All Track Combined
$239.3K
Swimming and Diving
$207.2K
Wrestling
$157K
Expense by sport
Football
$43.99M
Basketball
$17.13M
Golf
$1.73M
Volleyball
$2.61M
Ice Hockey
$4M
Soccer
$2.8M
Baseball
$1.78M
All Track Combined
$2.7M
Swimming and Diving
$2.03M
Wrestling
$1.07M
Sport-by-sport profile table
| Sport | Men | Women | Revenue | Expense | Net |
|---|---|---|---|---|---|
| Football 7 | 118 | 0 | $68.94M | $43.99M | $24.95M |
| Basketball 2 | 18 | 16 | $20.29M | $17.13M | $3.16M |
| Golf 8 | 10 | 10 | $1.01M | $1.73M | $-725.2K |
| Volleyball 26 | 0 | 18 | $755.6K | $2.61M | $-1.86M |
| Ice Hockey 10 | 26 | 0 | $678.4K | $4M | $-3.32M |
| Soccer 15 | 26 | 36 | $620.7K | $2.8M | $-2.18M |
| Baseball 1 | 33 | 0 | $375.6K | $1.78M | $-1.4M |
| All Track Combined 3 | 133 | 178 | $239.3K | $2.7M | $-2.46M |
| Swimming and Diving 18 | 29 | 33 | $207.2K | $2.03M | $-1.83M |
| Wrestling 28 | 36 | 0 | $157K | $1.07M | $-910.8K |
| Field Hockey 6 | 0 | 21 | $133.5K | $1.37M | $-1.24M |
| Rowing 13 | 0 | 80 | $123.9K | $1.91M | $-1.79M |
| Softball 16 | 0 | 18 | $90.9K | $1.61M | $-1.52M |
| Gymnastics 9 | 0 | 16 | $69.2K | $1.17M | $-1.1M |
| Tennis 22 | 9 | 12 | $67K | $1.42M | $-1.36M |
Participation & Revenue-per-Athlete
Revenue / Unique Athlete
$301.5K
Athletes Tracked
311
Top Sport Share
Football · 73.5%
Program Count
15
Unique men
133
Unique women
178
Per-sport slots
876
Multi-sport coeff
2.82x
Coed men
—
Coed women
—
The program has 311 unique athletes filling 876 sport roster slots — a 2.82x multi-sport coefficient indicating extensive cross-sport participation.
Division & Classification Context
- Classification
- NCAA Division I-FBS
- Sector
- Public, 4-year or above
- Total Enrollment
- 35,575
- Revenue Tier
- Upper quartile (82th pct.)
- Peers in Division
- 127 schools
- Peers in Michigan
- 58 schools
Peer Benchmark
| Peer School | State | Revenue | Net | Δ vs. subject |
|---|---|---|---|---|
| University of Oregon | OR | $92.83M | $26M | $-932K |
| University of Miami | FL | $94.84M | $10.51M | $1.08M |
| University of Louisville | KY | $92.17M | $15.21M | $-1.59M |
| University of Arkansas | AR | $95.36M | $9.91M | $1.6M |
| University of Illinois at Urbana-Champaign | IL | $91.59M | $28.06M | $-2.17M |
Financial Ratios & Investment Lens
| Metric | Value | Definition |
|---|---|---|
| Subsidy Rate | 0.0% | Expense shortfall as % of revenue |
| Revenue / Enrollment | $2.6K | Athletic revenue per enrolled student |
| Expense Ratio | 93.1% | Expenses as % of revenue |
| Top Sport Share | 73.5% | Revenue concentration in top program |
| Division Percentile | 82th | Revenue rank within NCAA Division I-FBS |