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Ohio State Athletics Posts Record $336.1 Million, Returns to Surplus

An extended football season lifted revenue enough to reverse last year’s deficit.

Overview

  • An NCAA financial report shows $336.1 million in FY2025 revenue against $320.4 million in expenses, producing a $15.7 million surplus.
  • Football accounted for $160.6 million, including $67 million from ticket sales and $17.5 million in postseason reimbursements tied to a championship run.
  • Donor contributions reached a record $68.3 million, with Big Ten media-rights fees near $65 million and licensing and sponsorships exceeding $42 million.
  • The department reported no revenue-sharing expenses for FY2025, and more than $20 million in NIL distributions is expected in the coming year.
  • Athletic director Ross Bjork praised the department’s performance and emphasized focusing on new revenue streams and disciplined expense management as the model shifts.