• Loading stock data...
Tuesday, December 2, 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 30, 2025; East Rutherford, New Jersey, USA; New York Jets wide receiver Isaiah Williams (18) makes a catch against the Atlanta Falcons during the second half at MetLife Stadium.

Jets Throw $1M at College Women’s Flag Football League 

The league will debut in 2026 with 10 teams.
Paul Finebaum

Paul Finebaum Says He Won’t Run for Alabama Senate Seat

Much of the industry had been bracing for Finebaum to run.

Is Nick Saban’s Involvement in Lane Kiffin’s LSU Hire a Conflict?

Saban defended Kiffin on TV while privately counseling him to leave Ole Miss.
Dec 1, 2025; Baton Rouge, LA, USA; LSU new head coach Lane Kiffin speaks at South Stadium Club at Tiger Stadium.
opinion

3 Biggest Hypocrites in Lane Kiffin Soap Opera

Over just a few weeks, Kiffin nuked his carefully rebuilt image.

Featured Today

Big League Wiffle Ball

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
November 24, 2025

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.

CFP Hopefuls Stick With Coaches on the Way Out—Except Ole Miss

Several coaches are pulling double-duty after being hired elsewhere.
Lane Kiffin
December 1, 2025

Lane Kiffin’s LSU Deal Includes Huge Buyout With No Offset

The new deal is for seven years and $91 million.
December 1, 2025

ACC Matchup in Rio Will Mark First FBS Game in South America

NC State and Virginia will face off Aug. 29 in Rio de Janeiro.
Sponsored

How HOKA is Reimagining the NIL Relationship

On Location is redefining the Olympic experience by creating lasting connections beyond the Games.
Oct 18, 2025; Tampa, Florida, USA; South Florida Bulls head coach Alex Golesh reacts to a replay during the second quarter against the Florida Atlantic Owls at Raymond James Stadium.
December 1, 2025

American Conference’s Big Season Leads to Power Four Coaching Raid

The league lost four coaches this weekend.
November 30, 2025

SEC Coaching Carousel Spins Fast: Five Schools Fill Jobs in 24 Hours

Six SEC teams ended up making head coaching changes this season.
November 30, 2025

ACC’s Messy Title Game Tiebreaker May Keep It Out of CFP

Duke (8–5) beat out Miami (10–2) for a championship game bid.
Lane Kiffin
November 30, 2025

Lane Kiffin Exit to LSU Creating Chaos at Ole Miss

Kiffin’s choice had been hanging over the sport for weeks.