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Toledo football money

In 2024-25, Toledo football brought in $12.6 million and spent $12.6 million, the 103rd-most revenue of 124 FBS programs. That’s $1.6 million for each of its 8 wins. 122 players were on the roster, with 10 assistant coaches.

Revenue and expenses

2012: revenue $7.8 million2012: expenses $7.8 million’122013: revenue $7.4 million2013: expenses $7.4 million2014: revenue $8.2 million2014: expenses $8.2 million’142015: revenue $9.3 million2015: expenses $9.3 million2016: revenue $10.0 million2016: expenses $10.0 million’162017: revenue $10.7 million2017: expenses $10.7 million2018: revenue $11.7 million2018: expenses $11.7 million’182019: revenue $10.4 million2019: expenses $10.4 million2020: revenue $8.2 million2020: expenses $8.2 million’202021: revenue $11.0 million2021: expenses $11.0 million2022: revenue $11.3 million2022: expenses $11.3 million’222023: revenue $12.0 million2023: expenses $12.0 million2024: revenue $12.6 million2024: expenses $12.6 million’24

Revenue Expenses (top: $12.6M)

Beside the Mid-American Conference, 2024-25

3rd of 11 in revenue
  1. Buffalo$14.1M / $14.1M
  2. Northern Illinois$13.2M / $13.2M
  3. Toledo$12.6M / $12.6M
  4. Central Michigan$11.6M / $11.6M
  5. Western Michigan$11.4M / $11.4M
  6. Eastern Michigan$11.1M / $11.1M
  7. Miami (OH)$11.0M / $11.0M
  8. Ohio$10.8M / $10.8M
  9. Kent State$10.4M / $10.4M
  10. Ball State$8.0M / $8.0M
  11. Akron$7.6M / $7.6M

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 Mid-American

revenue, 2012-13 to 2024-25

  1. Buffalo

    $14.1M in 24–⁠25

  2. Massachusetts

    $13.4M in 24–⁠25

  3. Toledo

    $12.6M in 24–⁠25

  4. Central Michigan

    $11.6M in 24–⁠25

  5. Western Michigan

    $11.4M in 24–⁠25

  6. Eastern Michigan

    $11.1M in 24–⁠25

  7. Miami (OH)

    $11.0M in 24–⁠25

  8. Ohio

    $10.8M in 24–⁠25

  9. Kent State

    $10.4M in 24–⁠25

  10. Sacramento State

    $10.1M in 24–⁠25

  11. Ball State

    $8.0M in 24–⁠25

  12. Akron

    $7.6M in 24–⁠25

Each program’s football revenue by season, as each school reports it (EADA), on one scale (top: $14.1M), for the programs in the Mid-American this season, most revenue first; Toledo in its color.

By season

SeasonRevenueExpensesRecordSpent a winRankRosterAssistants
2024-25$12.6M$12.6M8–⁠5$1.6M103 of 12412210
2023-24$12.0M$12.0M11–⁠3$1.1M102 of 12512010
2022-23$11.3M$11.3M9–⁠5$1.3M100 of 12312310
2021-22$11.0M$11.0M7–⁠6$1.6M93 of 12212910
2020-21$8.2M$8.2M4–⁠2$2.0M104 of 12012010
2019-20$10.4M$10.4M6–⁠6$1.7M95 of 12312810
2018-19$11.7M$11.7M7–⁠6$1.7M88 of 12311610
2017-18$10.7M$10.7M11–⁠3$1.0M88 of 12311410
2016-17$10.0M$10.0M9–⁠4$1.1M89 of 1211209
2015-16$9.3M$9.3M10–⁠2$0.9M90 of 1221259
2014-15$8.2M$8.2M9–⁠4$0.9M94 of 1221059
2013-14$7.4M$7.4M7–⁠5$1.1M95 of 1221219
2012-13$7.8M$7.8M9–⁠4$0.9M89 of 1191209

As University of Toledo 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.