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Nebraska #22 in 2015-16 NCAA Finances Report

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Nebraska’s athletic department is in pretty good shape when it comes to finances.

NCAA Football: Michigan State at Nebraska Steven Branscombe-USA TODAY Sports

USA Today published their annual report on NCAA school finances. The Nebraska athletic department pulled in $112,142,961.00 in total revenue during the 2015-16 school year. This is up from $102,157,399.00 the previous year.

This number brings them in as the 8th most profitable department in the Big Ten behind Ohio State, Michigan, Wisconsin, Penn State, Michigan State, Minnesota, and Iowa, respectively.

It is worth noting that Nebraska has only received a small percentage of what the other Big Ten schools ahead of them in the rankings are getting. This was a part of the contract Nebraska agreed to with joining the conference. This year will mark the first year that they will get full distribution from the Big Ten Conference which could be around the $50 million mark. Easily pushing them into the top 15 in the country.

Also, the Nebraska athletic department gets zero dollars from student fees and school funds. Something all but 13 schools on the list were able to do.

The Top 25 rankings are below.

NCAA Top 25 Revenue

Rank School Conference Revenue TOTAL EXPENSES TOTAL ALLOCATED % ALLOCATED
Rank School Conference Revenue TOTAL EXPENSES TOTAL ALLOCATED % ALLOCATED
1 Texas A&M SEC $194,388,450 $137,101,774 $0 0
2 Texas Big 12 $187,981,158 $171,394,287 $0 0
3 Ohio State Big Ten $170,789,765 $166,811,018 $0 0
4 Alabama SEC $164,009,745 $145,277,366 $2,462,289 1.5
5 Michigan Big Ten $163,850,616 $157,872,099 $266,467 0.16
6 Oklahoma Big 12 $150,373,216 $127,268,340 $0 0
7 LSU SEC $141,651,460 $123,952,910 $0 0
8 Florida SEC $141,441,109 $121,307,116 $1,998,856 1.41
9 Tennessee SEC $140,448,955 $128,011,504 $0 0
10 Auburn SEC $140,070,593 $124,864,399 $5,438,372 3.88
11 Wisconsin Big Ten $132,788,726 $130,433,373 $2,805,000 2.11
12 Penn State Big Ten $132,248,076 $129,349,149 $0 0
13 Kentucky SEC $132,180,246 $127,225,580 $0 0
14 Arkansas SEC $124,981,042 $105,633,576 $0 0
15 Georgia SEC $123,841,268 $116,633,645 $3,233,143 2.61
16 Michigan State Big Ten $123,034,495 $121,892,394 $1,012,631 0.82
17 South Carolina SEC $122,331,092 $116,735,510 $0 0
18 Florida State ACC $113,754,314 $115,631,800 $7,364,645 6.47
19 Minnesota Big Ten $113,506,279 $110,673,824 $7,055,984 6.22
20 Iowa Big Ten $113,249,020 $116,168,740 $650,000 0.57
21 Louisville ACC $112,146,504 $109,393,330 $7,403,094 6.6
22 Nebraska Big Ten $112,142,961 $103,745,775 $0 0
23 Oregon Pac-12 $111,701,175 $110,202,688 $2,022,325 1.81
24 Mississippi SEC $110,524,705 $97,105,043 $2,398,266 2.17
25 Washington Pac-12 $107,154,560 $109,560,972 $1,986,414 1.85