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Where Gamecocks athletics stacks up nationally in revenue, expenses

On3 imageby:Chris Clark•06/14/23•

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Photo: Montez Aiken | GamecockCentral.com

A report released by USA Today revealed that the South Carolina Gamecocks athletics department generated over $142 million in revenue during the 2022 fiscal year.

The figure ranked USC as 27th nationally in revenue, according to the report. The exact listed revenue figure was $142,210,807. The program’s “total expenses” were reported as $144,815,377, a difference of $1,086,848.

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Those figures would slot USC tenth overall in the SEC. Alabama, which raked in over $214 during the 2022 fiscal year, was first in the conference in that metric. Missouri, Ole Miss, and Mississippi State all finished behind the Gamecocks in the revenue generation department.

Vanderbilt was not listed because of its status as a private institution. Additionally, the figures do not account for the forthcoming additions of Texas and Oklahoma to the SEC beginning in 2024.

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The Longhorns ranked second nationally with over $239 million generated. Oklahoma was tenth at over $177 million. The top revenue generator in college athletics according to the report was Ohio State, at over $215 million.

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South Carolina’s primary rival, Clemson, generated over $158 million during the fiscal year, ranking 17th nationally.

USA Today’s Steve Berkowitz noted that the SEC’s 13 current public institutions generated over $2 billion in operating expenses in 2022.

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Below is a table from On3 outlining the USA Today figures:

College Athletics Total Revenue – Top 25

RankSchoolTotal RevenueTotal Expenses
1.Ohio State$251,615,345$225,733,418
2.Texas$239,290,648$225,153,011
3.Alabama$214,365,357$195,881,911
4.Michigan$210,652,287$193,559,375
5.Georgia$203,048,566$169,026,503
6.LSU$199,309,382$192,770,399
7.Texas A&M$193,139,619$177,671,900
8.Florida$190,417,139$174,365,070
9.Penn State$181,227,448$170,542,050
10.Oklahoma$177,320,217$175,997,457
11.Auburn$174,568,442$151, 590,763
12.Michigan State$172,799,513$156,449,795
13.Indiana$166,761,471$132,392,596
14.Virginia$161,916,231$150,584,173
15.Florida State$161,141,884$150,777,734
16.Kentucky$159,079,024$153,621,183
17.Clemson$158,283,618$143,356,820
18.Tennessee$154,566,935$157,108,637
19.Oregon$153,510,555$140,565,297
20.Arkansas$152,513,755$144,319,041
21.Iowa$151,483,092$151,144,861
22.Wisconsin$150,100,977$147,807,183
23.Louisville$146,225,965$139,978,927
24.Illinois$145,735,330$129,119,247
25.Washington$145,184,864$149,458,923

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