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Wisconsin Athletics Operated In $4.3 Million Surplus In FY 2025 (Case Study)

January 28, 2026
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Wisconsin Athletics Operated In .3 Million Surplus In FY 2025 (Case Study)


The College of Wisconsin-Madison Athletic Division operated in a $4.3 million surplus in the course of the 2025 fiscal yr. The division had $197.9 million in revenues and $193.6 million in bills.

Whole Revenues By Sport

Soccer accounted for 57% of revenues, with $113.6 million and was adopted by males’s basketball ($19.9 million), males’s ice hockey ($4.06 million), and girls’s volleyball ($4.06 million). All different 16 sports activities mixed totaled $8.51 million in revenues.

Screenshot 2026 01 24 at 11.00.07 AM

Whole Surplus/Deficit By Sport

Along with bringing in probably the most income, soccer and males’s basketball have been the one two groups that operated in a surplus in the course of the 2025 fiscal yr. Soccer had $41.50 million in bills, leading to a $72.08 million surplus, and males’s basketball had $12.43 million in bills, leading to a $7.44 million surplus. All different sports activities operated in a deficit, with males’s tennis, males’s golf, and girls’s golf having a deficit of lower than $1 million. Girls’s basketball ($4.39 million), girls’s rowing ($3.23 million), and girls’s ice hockey ($3.15 million) had the best deficits.

Soccer
72,082,630

Males’s Basketball
7,437,854

All Others Mixed
-34,151,202

Not Associated To Particular Groups
-41,072,045

Swimming and Diving Revenues/Bills

When surplus/deficit numbers, males’s swimming and diving operated because the #12 sport within the division whereas girls’s swimming and diving operated because the #15 sport (out of 20 whole).

Deeper appears into swimming and diving present that each applications had ~50% of their income come from “Direct Institutional Help.” That is outlined as:

“Enter direct funds offered by the establishment to athletics for the operations of intercollegiate athletics together with:

Unrestricted funds allotted to the athletics division by the college (e.g. state funds, tuition, tuition reductions/waivers, transfers)
Federal work examine assist for pupil staff employed by athletics.
Endowment unrestricted revenue, spending coverage distributions and different funding revenue distributed to athletics within the reporting yr to assist athletic operations. Athletics restricted endowment revenue for athletics must be reported in Class 17″

Whole Working Revenues 2025
Whole Working Bills 2025
Surplus/Deficit
Direct Institutional Help
Income With out Direct Institutional Help
Surplus/Deficit With out Direct Institutional Help

Males’s Swimming and Diving
471,502
2,247,163
-1,775,661
236,466
235,036
-2,012,127

Girls’s Swimming and Diving
580,662
2,501,285
-1,920,623
332,724
247,938
-2,253,347

Total Income/Expense Traits For Wisconsin Athletics (Final 5 Years)

Wisconsin Athletics was in a $20.17 million deficit for the 2021 fiscal yr, though that may primarily be attributed to COVID-19. Since then, the division’s surplus has solely been rising.

Screenshot 2026 01 24 at 11.44.41 AMScreenshot 2026 01 24 at 11.44.41 AM

Wisconsin’s Full FY 2025 Report

See web page 41 for Whole Working Revenues
See web page 75 for Whole Working Bills

Just a few objects to notice:

Though Wisconsin lists males’s rowing as a varsity program on its web site, it’s not reported as a standalone NCAA males’s championship sport in federal and NCAA monetary disclosures. Because of this, its revenues and bills are included within the “Others” class.
NCAA athletic departments usually have their fiscal years run from July 1 of the yr previous to June 30 of the reported yr (ie: July 1, 2024-June 30, 2025)



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Tags: AthleticscasemillionOperatedStudysurplusWisconsin
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