The cost of college men’s volleyball can be pricey for some schools.
Athletics departments in the Football Bowl Subdivision had a median loss of $352,000 with their men’s volleyball teams during the 2013-14 fiscal year, according to a new NCAA financial report released Wednesday.
The NCAA throughout the last 10 years has annually released a cost analysis of each sport in the different division classification. With less than 25 Division I FBS athletic departments generating a profit last year, the report is created to give schools a better understanding of the amount of they will have to spend on each sport.
Division I men’s volleyball teams from FBS schools did bring in a median of $255,000 in generated revenue. However, it was not enough to off-set the $794,000 median in expenses for these teams during the most recent fiscal year.
Among the items considered generated revenue for this NCAA report included ticket sales, alumni contributions, game-contract pay-outs and any NCAA distribution rights.
Expenses factored into the report not only included team operating budgets but various other items such as athletic scholarships and equipment.
The loss of money in non-revenue sports is common for most schools.
Athletics department expenses at FBS schools increased 10.6 percent from the previous fiscal year and schools from the Power 5 conferences averaged a loss of $2.3 million in the 2013-14 fiscal year.
Of the sports featured in this NCAA report, 17 of the 19 male sports had a median net revenue in the negative at FBS schools. In addition, men’s volleyball had the fifth best net revenue at those schools.
Men’s volleyball at the FBS level also had a higher median in generated revenue and net revenue than its female counterparts. Women’s volleyball at the FBS level had a median revenue intake of $99,000 and had a median total loss of $643,000.
Similar to FBS schools, men’s volleyball teams from Division I Football Championship Subdivision schools, according to the report, had a median of $17,000 in generated revenue and a median of $124,000 in expenses. These schools, though, broke even finishing with a median of $0 for total net revenue.
Division I men’s volleyball teams from schools without football teams also fared better in net revenue than those from FBS schools. The non-football schools had a median loss of $1,000 in men’s volleyball and a generated revenue median of $75,000.
The classification that experienced a majority of men’s volleyball teams making a profit was at the Division II level. Division II men’s volleyball teams from schools with football despite having medians of $27,100 in generated revenue and $221,300 in expenses finished at a $7,800 median in net revenue generated.