Friday, September 25, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

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.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 19, 2026; Miami Gardens, FL, USA; United States President Donald Trump (left) and Ivanka Trump (right) before the College Football Playoff National Championship game at Hard Rock Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images

White House Denies Trump Movements Impacted CFP Title Game

The topic has been widely discussed ahead of Tennessee–Texas.
Nov 7, 2015; New Orleans, LA, USA; The American Athletic Conference logo at Yulman Stadium before the game between the Tulane Green Wave and the Connecticut Huskies. Mandatory Credit: Chuck Cook-USA TODAY Sports

American ‘Not Proactively Seeking’ New Members Despite Overtures

Three schools reportedly have interest in joining the league.
Soccer Football - FIFA World Cup 2026 - Final - Spain v Argentina - New York/New Jersey Stadium, East Rutherford, New Jersey, U.S. - July 19, 2026 U.S. President Donald Trump gestures ahead of the trophy presentation REUTERS/Hannah Mckay

Donald Trump Not Expected to Join ‘College GameDay’ on Saturday

ESPN does plan to show Trump during its Tennessee–Texas telecast.

College Basketball Player Has Been in ICE Custody for Weeks

Aminata Seck is in ICE custody after being detained at an airport.
podcast thumbnail mobile
Front Office Sports Today

9/25/26 – Trump Skips ‘GameDay,’ Sun Leave Connecticut, Juszczyk’s ‘Juice’ Fine

0:00

Featured Today

A Bar of Their Own

Women’s Sports Bars: Novelty Has Worn Off, ‘That’s a Good Thing’

They’re leveling up, but sustainability remains the first consideration.
Hot & Social/Mets
September 18, 2026

Sports Teams Are Playing a New Role: Matchmaker

The latest promotion at the stadium? Love.
Exclusive
September 18, 2026

Vicious Infighting Is Jeopardizing the Future of Women’s Baseball

The WPBL’s own CEO admits there’s a “power struggle.”
September 17, 2026

Fantasy Football Drafts Are Turning Into Full-Blown Vacations

Leagues are forgoing solo drafts and replacing them with in-person getaways.
Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena
September 10, 2026

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
Oct 3, 2025; Tempe, AZ, USA; Arizona State Sun Devils fans look on against the Penn State Nittany Lions during the second period at Mullett Arena
September 23, 2026

ASU Hockey Coach Declines to Answer Questions About Player’s Collapse

Greg Powers cited an ongoing investigation around Matthew Mayich’s collapse.
Exclusive
September 24, 2026

How House Republicans Could Make or Break College Sports Bill

The Protect College Sports Act faces potential opposition from many House Republicans.
Sponsored

How Ryan Smith Is Building the Future of Sports in Utah

Utah Jazz and Mammoth owner talks from tech to team ownership.
Exclusive
September 23, 2026

Dae’Quan Wright, Zxavian Harris Can Play in UFL This Spring

The pair have been blocked from college football and the NFL.
Nov 8, 2025; Tuscaloosa, Alabama, USA; Alabama Crimson Tide head coach Kalen Deboer speaks to athletic director Greg Byrne prior to the game against the Louisiana State Tigers at Saban Field at Bryant-Denny Stadium. Mandatory Credit: David Leong-Imagn Images
Exclusive
September 23, 2026

Alabama AD Greg Byrne Talks CFP Expansion, Life After Saban

Byrne also addressed jersey patch sponsorships and challenges with NIL.
Oct 23, 2021; Oxford, Mississippi, USA; Mississippi Rebels former quarterback Eli Manning speaks on what an honor it is to have his number 10 jersey retired at Mississippi during half time at Vaught-Hemingway Stadium. Mandatory Credit: Petre Thomas-USA TODAY Sports
September 22, 2026

Eli Manning Isn’t Dwelling on Lane Kiffin’s Ole Miss Exit

Manning admitted he’s thankful for Kiffin’s time in Oxford.
September 22, 2026

Everything in the Senate Bill to Change College Sports

The sweeping, 170-plus-page legislation would reshape college sports.