• Loading stock data...
Friday, November 28, 2025

FCS Teams Lose Money With Spring Football

  • This week, FCS teams will finally commence an unorthodox pandemic season that extends until May.
  • Unlike FBS schools who needed revenue from the fall football season, most FCS programs will likely lose money from playing.
Tim Heitman-USA TODAY Sports

Following postponement of the regular season last fall, FCS football teams spent the last semester practicing and training for an unorthodox spring schedule.

This week, they will finally commence a season that extends until May.

Unlike FBS schools who needed revenue from the fall football season, most FCS programs will likely lose money from playing this season.

FCS vs. FBS Finances

FBS and FCS schools divide their budgets in similar ways. But they differ in the revenues they receive, according to the Knight Commission’s College Athletics Financial Information database: Most FCS schools make the lion’s share of revenue from institutional support and student fees. In 2018, for example, these two streams comprised 69% of total FCS revenue.

Ticket sales, donor contributions, NCAA distributions, and sponsorships made up just 22% of all FCS revenue. FBS schools earned 75% of total revenue from those avenues.

FCS programs also make revenue from competition guarantees, when FBS programs pay to play them to bolster their records for bowl season. About 5% of all revenues came from competition guarantees in 2018.

Only a few FCS programs generate revenue at rates that rival some of the smaller FBS teams. 

FCS powerhouse North Dakota State — the alma mater of multiple NFL players including Carson Wentz — generated 61% of its 2018 revenue from ticket sales, sponsorships, donations, competition guarantees, and NCAA distributions, and just 31% from institutional support and student fees.

Impact of Pandemic Football

FBS programs recouped millions in media rights revenue by plodding on with the normal football schedule. 

But FCS programs may not earn even the modest revenue from ticket sales, competition guarantees, and donations that they normally receive, Defiance College assistant sports management professor, Dr. Scott Hirko, told FOS. 

In addition, the cost of testing or extra safety precautions could provide an added burden on the smaller programs.

So why will they play a belated season at all? They have to pay their normal expenses, like coaching salaries or facilities fees, whether they play or not, Hirko said.

“Maybe they can just swallow their pride for a year.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 15, 2025; Columbus, Ohio, USA; Ohio State Buckeyes cornerback Lorenzo Styles Jr. (3) celebrates with his brother linebacker Sonny Styles (0) after his punt return for a touchdown during the third quarter against the UCLA Bruins at Ohio Stadium

Famed OSU–Michigan Rivalry Has More at Stake This Year

The Buckeyes are trying to avoid a fifth straight loss to their archrivals.
Nov 22, 2025; Atlanta, Georgia, USA; Georgia Tech Yellow Jackets running back Jamal Haynes (1) runs the ball against the Pittsburgh Panthers in the second quarter at Bobby Dodd Stadium at Hyundai Field

Why Georgia Tech Sold Its Biennial Georgia Home Game for $10M

The rivalry contest will be played at Mercedes-Benz Stadium.
Tennessee quarterback Joey Aguilar (6) holds off UAB safety Pierre Royster (7) during an NCAA college football game on September 20, 2025, in Knoxville, Tennessee

Tennessee and Vanderbilt QBs Form Rivalry Week’s Unlikely Alliance

Tennessee’s Joey Aguilar and Vanderbilt’s Diego Pavia are suing the NCAA together.
Waverly took on Mt. Healthy in varsity football action at Waverly High School on October 25, 2024, in Waverly, Ohio.

High Schools Walk Legal Tightrope Using Trademarked Pro Logos

Borrowing a college or pro team’s mark can be a risk.

Featured Today

How NBA Arena Experiences Went Ultra-Luxe

For the most connected guests, the game has become a secondary attraction.
Nov 23, 2025; Inglewood, California, USA; Los Angeles Rams quarterback Matthew Stafford (9) throws a pass against the Tampa Bay Buccaneers during the fourth quarter at SoFi Stadium.
November 24, 2025

Stafford, Rams Rise From the Pack to Super Bowl Contention

The NFL team now has the top odds to win Super Bowl LX.
Nov 16, 2025; Orlando, Florida, USA; NJ/NY Gotham FC celebrate after scoring during extra time against Orlando Pride at Inter&Co Stadium
November 22, 2025

The NWSL Is Growing at Breakneck Pace. Can It Keep Surging?

While the league surges, it also must survive two major challenges.
Trinity Rodman
November 20, 2025

NWSL Regular-Season Ratings See Big Surge, Playoffs Up 5%

Regular-season viewership grew by over 20%, averaging more than 200,000.

LSU Agrees to Pay Brian Kelly Full $54M Buyout, Ending Lawsuit

The letter ends a monthlong saga following Kelly’s firing.
Nov 23, 2025; Durham, North Carolina, USA; Duke Blue Devils forward Nikolas Khamenia (14) lays the ball up in front of Howard Bison guard Bryce Harris (34) during the second half at Cameron Indoor Stadium.
November 25, 2025

Post-NFL College Hoops Is New Thanksgiving Trend for CBS and Fox

Two big basketball games will air after football action on Thursday.
November 26, 2025

Texas Attorney General Moves to Block College Sports Enforcement Deal

Paxton’s opposition alone could be enough to kill the agreement altogether.
Sponsored

NFL QB Christian Ponder Is Preparing Athletes for Business

Former NFL quarterback Christian Ponder discusses the transition from field to boardroom.
Ohio State Buckeyes running back Bo Jackson (25) runs the ball against Rutgers Scarlet Knights defensive back Jett Elad (9) in the first half of the NCAA football game at Ohio Stadium on Saturday, Nov. 22, 2025 in Columbus, Ohio.
November 25, 2025

In Win for NCAA, Court Overturns Eligibility for Rutgers Player

An appeals court overturned an injunction that granted Rutgers’s Jett Elad eligibility.
Nov 22, 2025; Baton Rouge, Louisiana, USA; LSU Tigers quarterback Ju'Juan Johnson (8) runs against the Western Kentucky Hilltoppers during the second half at Tiger Stadium.
November 25, 2025

Brian Kelly Claims LSU Preventing Him From Getting a New Job

The fired coach is suing the school over his $53 million buyout.
November 24, 2025

ESPN, CFP Push Expansion Deadline Back Nearly Two Months

The Dec. 1 decision deadline is moving to Jan. 23.
Oct 24, 2025; Blacksburg, Virginia, USA; California Golden Bears head coach Justin Wilcox before the game at Lane Stadium.
November 24, 2025

Coaching Carousel Speeds Up, but Buyout Costs Might Slow

Twelve coaches have been fired since the season began.