The new numbers are out for the 2016-2017 academic year published by USA Today: http://sports.usatoday.com/ncaa/finances/
I find it interesting to look at how FCS schools balance, or try to balance, their athletic budgets. If you click on the school you can see the subsidies the athletic department took in broken down by student fees and "school funds". It allows you to sort based on total revenue, total expenses, and % subsidy. Here's the top 10 for each amongst FCS schools (I just eyeballed it so there may be some mistakes). Keep in mind this is for all sports, not just football.
Total revenue (highest)
1. James Madison $47,442,648
2. Delaware $34,309,705
3. UC Davis $32,459,650
4. Stony Brook $31,692,805
5. New Hampshire $29,173,085
6. Cal Poly $28,338,679
7. Towson $27,424,255
8. Sacramento St $26,741,348
9. Rhode Island $26,627,943
10. Illinois St $26,521,556
Total revenue (lowest)
1. Alabama A&M $2,592,863
2. Mississippi Valley St $4,288,571
3. Alcorn St $5,441,889
4. Grambling $6,198,723
5. Arkansas-Pine Bluff $7,141,263
6. Jackson St $7,602,536
7. South Carolina St $8,449,844
8. Nicholls St $8,587,660
9. Morgan St $10,453,448
10. UT Martin $10,679,463
Total expenses (highest)
1. James Madison $47,442,648
2. Delaware $34,309,705
3. UC Davis $31,837,452
4. Stony Brook $30,968,765
5. Towson $29,412,429
6. New Hampshire $28,908,841
7. Southern Illinois $27,544,434
8. Sacramento St $27,348,042
9. William & Mary $26,499,511
10. North Dakota $26,327,877
Total expenses (lowest)
1. Mississippi Valley St $4,288,571
2. Alcorn St $6,751,529
3. Arkansas Pine-Bluff $7,153,294
4. Jackson St $7,602,536
5. South Carolina St $8,438,685
6. Nicholls St $8,492,701
7. Grambling $8,642,954
8. Alabama A&M $9,372,315
9. UT Martin $10,679,463
10. Texas Southern $10,889,527
% subsidy/allocated (lowest)
1. Montana 34.15
2. North Dakota St 34.47
3. South Dakota St 45.50
4. North Dakota 47.95
5. VMI 48.20
6. Northern Iowa 48.96
7. McNeese St 49.13
8. Mississippi Valley St 50.47
9. Montana St 51.14
10. Florida A&M 53.89
% subsidy/allocated (highest)
1. Central Connecticut 88.40
2. Morehead St 88.09
3. Towson 86.35
4. Sacramento St 84.83
5. Stony Brook 84.58
6. Morgan St 83.35
7. Delaware St 82.76
8. Alabama St 82.27
9. Texas Southern 82.22
10. Stephen F Austin 81.94
Pretty interesting to see where we all stack up amongst the big boys I thought.
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