Article on the Athletics Department Men's Basketball budgets of 200 Division I schools

[yoda]

several MVC schools listed (just the public universities) - all roughly in the $3 million to $4 million range
...but most mid-majors are less than 10-20% of what the P-5 schools spend

https://www.extrapointsmb.com/p/here-s-what-it-costs-to-make-a-run-in-march-madness

 

[BUfan17]

Kind of crazy that Indiana spends over $10M more than the 2nd highest school and hasn't made a sweet 16 in 10 years, and haven't even made the tournament the past 3 years.

 

[Da Coach]

And those figures do not include money from boosters and booster groups and other groups like NIL collectives that help fund their athletic department with gifts and NIL money. Most, if not all, power conference schools have boosters and NIL groups that provide many millions of dollars per year.

 

[Stryker]

Kind of crazy that Indiana spends over $10M more than the 2nd highest school and hasn't made a sweet 16 in 10 years, and haven't even made the tournament the past 3 years.

Can't remember with Indiana specifically, but coach contracts, buyouts, etc are likely in those numbers if a program has them. Who knows, maybe they run some big expenses through it that aren't directly correlated with how other programs account for things.

 

[tomahawk chop]

several MVC schools listed (just the public universities) - all roughly in the $3 million to $4 million range
...but most mid-majors are less than 10-20% of what the P-5 schools spend

https://www.extrapointsmb.com/p/here-s-what-it-costs-to-make-a-run-in-march-madness

Should not be a surprise to anyone because these big schools take in a lot more revenue on football and basketball plus have huge alumni bases.

 

[MacabreMob]

Kind of crazy that Indiana spends over $10M more than the 2nd highest school and hasn't made a sweet 16 in 10 years, and haven't even made the tournament the past 3 years.

IU did win the BCS Football Championship

 

[Da Coach]

IU did win the BCS Football Championship

And though it isn't included in the official Athletic Department funding, IU gets huge amounts of donations for NIL from a few of their wealthier supporters like Mark Cuban and others. It helped fund a national championship in football.