Revenues & EXPENSES

values and, especially, frequency distributions also better enable institutional
officials to determine their relative position within their peer group.
Findings and Observations. Following are general “global” findings and
observations for the eleven-year period, with related table numbers shown
in parentheses. Readers are referred to the Introduction for a more detailed
listing of the findings and to the respective tables for the supporting data.
• There was an upward movement in median generated revenues for
Division I institutions from 2013 to 2014 — FBS = 6.1 percent
increase; FCS = 9.1 percent increase; DI w/o FB saw median
generated revenues increase by 9.8 percent in the past year. (2.1)
• Total expenses for the last year increased at a slower rate than generated
revenues for Division I institutions. FBS median expenses increased
2.8 percent from the prior year, the increase was 4.6 percent at the
FCS level and the increase was 2.1 percent at DI w/o FB institutions.
(2.1)
• A related observation is the portion of total athletics revenues that
are allocated by the institutions — 20 percent in the FBS; 71 percent
in the FCS; 76 percent in DI w/o FB. This rate remained steady in all
three subdivisions and represents the extent to which the institution
is subsidizing athletics. (3.14, 4.14, 5.14)
• Of particular interest are the growth rates in total expenses after
removal of the inflationary effect — 0.2 percent decrease in the FBS;
1.5 percent increase in the FCS; and 0.9 percent decrease in DI w/o
FB. (3.3, 4.3, 5.3)
• The increase gap, which measures the difference in growth rates of
athletics spending and overall institutional spending, was lower than
the previous year, but still showed that athletics expenditures grew
at a faster rate than institutional expenditures. In FBS, the median
percentage increase in athletics expenses was 2.3 percent higher
than the median increase in institutional expenses. The gap was
2.0 percent at the FCS level and 1.4 percent among the Division I
institutions without football programs. (2.7)
• A total of 24 athletics programs in the FBS reported positive net
revenues for the 2014 fiscal year. The net gap between the
“profitable” programs and the remainder, over $23 million, was
greater than was observed in 2013. (3.5)
• As in prior years, three revenue sources accounted for 75 percent
of generated revenues at the FBS level. These were ticket sales,
contributions and NCAA/Conference distributions. (3.14)
• Similarly, in all subdivisions, two expense line items, grants-in-aid
and salaries and benefits, accounted for more than 50 percent of
total expenses. (3.15, 4.15, 5.15)
• In all subdivisions, the number of participating student-athletes
remains fairly constant, while the expense per student-athlete
continues to increase slightly, as a result of rising expenses. (2.1)
• Total athletic expenditures as a percentage of total institutional
expenditures increased by approximately 0.1 percentage points since
2013. (2.7) For the 2014 fiscal year, FBS Athletics expenditures were
5.6 percent of total institutional budgets; FCS were 7.0 percent; DI
w/o FB were 6.0 percent. It should be noted that this percentage
does not include revenues generated by athletics. When generated
revenues are netted against expenses, the median percentage of
athletics expenditures of total institutional expenditures remains less
than three percent in the FBS.
NCAA® Revenues / Expenses Division I Report • 2004 – 2014 8