• Loading stock data...
Saturday, November 22, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

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

NCAA

Schools Vote Against Rule Allowing College Athletes to Bet on Pro Sports

The NCAA initiated a review process for the rule approved in October.
WORCESTER - WWE star Zelina Vega makes her return alongside NXT stars Legado del Fantasma during "WWE Friday Night SmackDown" at the DCU Center, Friday, Oct. 7, 2022.

The CW Says Nielsen WWE Ratings Drop ‘Lacks Credibility’

The CW says the new measurement process creates “inexplicable” findings.
Jul 5, 2025; Atlanta, Georgia, USA; FC Bayern Munich forward Harry Kane (9) and defender Jonathan Tah (4) react a quarterfinal match of the 2025 FIFA Club World Cup against Paris Saint-Germain at Mercedes-Benz Stadium.

Paramount Is Gunning for ESPN’s Live Sports Crown

Paramount won the media rights to show the UEFA Champions League in the U.K.
Oct 11, 2025; Los Angeles, California, USA; USC Trojans wide receiver Makai Lemon (6) takes the ball on a kickoff return in the second half against the Michigan Wolverines at United Airlines Field at the Los Angeles Memorial Coliseum

UC Investments Head: ‘Do a Little Prayer’ for Our Big Ten Deal

He confirmed “there is no deal on the table” currently.

Featured Today

Nov 16, 2025; Orlando, Florida, USA; NJ/NY Gotham FC celebrate after scoring during extra time against Orlando Pride at Inter&Co Stadium

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.
Jul 13, 2025; East Rutherford, New Jersey, USA; FIFA president Gianni Infantino and President Donald Trump carry the FIFA Club World Cup trophy during the presentation after the final of the 2025 FIFA Club World Cup at MetLife Stadium.
November 19, 2025

Trump-MBS White House Dinner Showcases Saudi Sports Influence 

Attendees included Ronaldo, Bryson DeChambeau, and the owner of the 76ers.
November 19, 2025

ABC, ESPN Bounce Back With Big CFB Ratings After YouTube TV Deal

Oklahoma-Alabama and Texas-Georgia drew more than 10 million viewers.

Franklin Hire First Move of Virginia Tech’s New Big-Spending Mentality

The former Penn State coach signed a five-year deal with the Hokies.
Nov 15, 2025; Annapolis, Maryland, USA; South Florida Bulls quarterback Byrum Brown (17) scrambles through the Navy Midshipmen defense during the second half at Navy-Marine Corps Memorial Stadium. Navy Midshipmen defeated South Florida Bulls 41-28.
November 19, 2025

The Battle for College Football Playoff Relevance in the Group of 6

Seeding and revenue distribution is getting harder for non-power conferences.
Nov 8, 2025; Pasadena, California, USA; UCLA Bruins quarterback Nico Iamaleava (9) drops back to pass against the Nebraska Cornhuskers during the second half at the Rose Bowl.
November 19, 2025

Power Conferences Finalize House v. NCAA Enforcement Guidelines

Schools have two weeks to sign the agreement.
Sponsored

NFL QB Christian Ponder Is Preparing Athletes for Business

Former NFL quarterback Christian Ponder discusses the transition from field to boardroom.
November 18, 2025

Alexis Ohanian Is Big NIL Donor to Virginia Women’s Basketball

Virginia hasn’t made the NCAA women’s tournament since 2018.
November 18, 2025

From LSU to UNC, Politicians Are Pushing Into CFB Coaching Decisions

Lawmakers include Louisiana Gov. Jeff Landry and North Carolina Sen. Thom Tillis.
November 18, 2025

As LSU and Florida Circle, Kiffin Says ‘No Ultimatum’ From Ole Miss

The Rebels are on the verge of their first College Football Playoff berth.
Nov 15, 2025; Chicago, Illinois, USA; Michigan Wolverines quarterback Bryce Underwood (19) throws the ball against the Northwestern Wildcats during the first half at Wrigley Field.
November 17, 2025

UC Investments Says Big Ten Deal Is Off Until Schools Can Agree

The pension fund does not want to sign a deal without Michigan and USC.