CollegeFootballDigestfrom CooperSearch

Michigan State football money

In 2024-25, Michigan State football brought in $77.1 million and spent $48.2 million, the 31st-most revenue of 124 FBS programs. That’s $9.6 million for each of its 5 wins. 119 players were on the roster, with 15 assistant coaches.

Revenue and expenses

2012: revenue $47.9 million2012: expenses $20.6 million’122013: revenue $52.8 million2013: expenses $26.7 million2014: revenue $59.2 million2014: expenses $27.7 million’142015: revenue $64.7 million2015: expenses $32.0 million2016: revenue $65.0 million2016: expenses $26.3 million’162017: revenue $77.9 million2017: expenses $33.5 million2018: revenue $75.5 million2018: expenses $33.9 million’182019: revenue $68.9 million2019: expenses $44.0 million2020: revenue $37.4 million2020: expenses $24.1 million’202021: revenue $95.1 million2021: expenses $47.5 million2022: revenue $73.6 million2022: expenses $49.4 million’222023: revenue $87.2 million2023: expenses $57.0 million2024: revenue $77.1 million2024: expenses $48.2 million’24

Revenue Expenses (top: $95.1M)

Beside the Big Ten, 2024-25

14th of 17 in revenue
  1. Michigan$175M / $61.7M
  2. Ohio State$161M / $92.4M
  3. Penn State$150M / $77.4M
  4. Nebraska$122M / $70.6M
  5. Washington$121M / $68.9M
  6. Oregon$120M / $60.8M
  7. Wisconsin$112M / $40.9M
  8. Iowa$105M / $50.9M
  9. Minnesota$102M / $45.5M
  10. Illinois$87.9M / $48.0M
  11. Northwestern$85.6M / $37.9M
  12. Purdue$83.1M / $37.2M
  13. Indiana$80.9M / $50.2M
  14. Michigan State$77.1M / $48.2M
  15. USC$74.0M / $74.0M
  16. Maryland$63.1M / $35.5M
  17. UCLA$55.2M / $55.2M

Each member’s football revenue (the thick bar) and expenses (the thin one under it) that year, as the schools reported them; schools count revenue differently.

Against the Big Ten

revenue, 2012-13 to 2024-25

  1. Michigan

    $175M in 24–⁠25

  2. Ohio State

    $161M in 24–⁠25

  3. Penn State

    $150M in 24–⁠25

  4. Nebraska

    $122M in 24–⁠25

  5. Washington

    $121M in 24–⁠25

  6. Oregon

    $120M in 24–⁠25

  7. Wisconsin

    $112M in 24–⁠25

  8. Iowa

    $105M in 24–⁠25

  9. Minnesota

    $102M in 24–⁠25

  10. Illinois

    $87.9M in 24–⁠25

  11. Northwestern

    $85.6M in 24–⁠25

  12. Purdue

    $83.1M in 24–⁠25

  13. Indiana

    $80.9M in 24–⁠25

  14. Michigan State

    $77.1M in 24–⁠25

  15. USC

    $74.0M in 24–⁠25

  16. Maryland

    $63.1M in 24–⁠25

  17. UCLA

    $55.2M in 24–⁠25

Each program’s football revenue by season, as each school reports it (EADA), on one scale (top: $175M), for the programs in the Big Ten this season, most revenue first; Michigan State in its color.

By season

SeasonRevenueExpensesRecordSpent a winRankRosterAssistants
2024-25$77.1M$48.2M5–⁠7$9.6M31 of 12411915
2023-24$87.2M$57.0M4–⁠8$14.3M22 of 12511614
2022-23$73.6M$49.4M5–⁠7$9.9M26 of 12311314
2021-22$95.1M$47.5M11–⁠2$4.3M12 of 12211514
2020-21$37.4M$24.1M2–⁠5$12.1M32 of 12012114
2019-20$68.9M$44.0M7–⁠6$6.3M22 of 12311814
2018-19$75.5M$33.9M7–⁠6$4.8M18 of 12311714
2017-18$77.9M$33.5M10–⁠3$3.4M18 of 12311713
2016-17$65.0M$26.3M3–⁠9$8.8M20 of 12111813
2015-16$64.7M$32.0M12–⁠2$2.7M19 of 12212013
2014-15$59.2M$27.7M11–⁠2$2.5M20 of 12211513
2013-14$52.8M$26.7M13–⁠1$2.1M20 of 12211613
2012-13$47.9M$20.6M7–⁠6$2.9M21 of 11912013

As Michigan State University reports them to the US Department of Education under the Equity in Athletics Disclosure Act (ope.ed.gov/athletics). Schools count revenue differently (some include institutional support), so compare with care. “Spent a win” is the year’s football expenses over that season’s wins. Rank is football revenue among programs in the same division that season. Browse every school’s in the data.