Posted on June 19, 2023
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USA TODAY recently released its annual database of athletic department revenue, expenses, and profit/loss for the Mountain West and other college athletics departments that reported data in 2022-23.
While MWC members can’t keep pace with the revenue of Pac-12 schools, all but one Mountain West team—San Diego State with a deficit of -$1,348,615—logged a fiscal profit.
Air Force had the highest revenue at $76,587,462, ranking the Falcons 57th nationally while turning the Conference’s biggest profit at $9,165,410.
No other school topped $70K in revenue with SDSU taking in $65,897,302, UNLV grossing $65,897,302, and Colorado State pulling down $61,263,230, for the second, third, and fourth spots.
Fresno State, which compiled the fifth-most revenue at $54,124,579, enjoyed the second-highest profit at $7,608,751.
Hawaii, with total revenue of $49,422,827, is in a unique position, participating as a football member of the Mountain West, but as a member of the Big West in basketball.
Only San Jose State grossed less than $40 million at $39,030,222, netting a narrow profit of just $200.
Nationally, the richest school is Ohio State with total revenue of $251,615,345 and profits of $25, 881,927.
The table below gives the totals by Mountain West school for each category, enabling you to sort by revenue, expenses, and profit or loss (shown in red).
2022-23 Revenue, Expenses, and Profit/Loss by MWC School
School | Revenue | Expenses | Profit |
---|---|---|---|
Air Force | $76,587,462 | $67,422,052 | $9,165,410 |
SDSU | $65,897,302 | $67,245,917 | -$1,348,615 |
UNLV | $64,243,413 | $62,644,050 | $1,599,363 |
Colorado St | $61,263,230 | $61,220,502 | $42,728 |
Fresno St | $54,124,579 | $46,515,828 | $7,608,751 |
Boise St | $50,569,147 | $50,328,947 | $240,200 |
Wyoming | $50,255,884 | $47,146,999 | $3,108,885 |
Hawaii | $49,422,827 | $48,029,141 | $1,393,686 |
Nevada | $47,946,637 | $45,228,707 | $2,717,930 |
New Mexico | $44,881,065 | $44,865,758 | $15,307 |
Utah St | $43,157,838 | $42,824,185 | $333,653 |
SJSU | $39,030,222 | $39,030,022 | $200 |