Matt Brown of Extra Points recently released a breakdown of operating budgets across college basketball, ranking programs by total spending for the 2024-25 fiscal year.
NC State checked in at #36 nationally.
That number gives some helpful context when evaluating where the Wolfpack stands compared to other programs across the country, especially in a sport where resources matter more than ever.
What the Numbers Include
The data reflects each school’s total operating expenses for men’s basketball in FY25 (July 2024 – June 2025), as reported through the NCAA’s Membership Financial Reporting System.
Included in those figures:
- Coaching and staff salaries
- Scholarships
- Travel
- Recruiting
- Equipment
- General program expenses
What the Numbers Do NOT Include
It’s just as important to understand what’s not in these totals.
The following are not included:
- NIL payments
Athlete revenue sharing
House settlement distributions
In other words, this is a look at the traditional program infrastructure, not the full modern financial picture of college basketball.
Full Rankings
| Rank |
School |
FY25 Total Expenses |
| 1 |
Indiana University, Bloomington |
$32,041,364 |
| 2 |
University of Tennessee, Knoxville |
$23,183,445 |
| 3 |
University of Arizona |
$22,608,493 |
| 4 |
University of Texas at Austin |
$22,403,330 |
| 5 |
University of Connecticut |
$21,554,604 |
| 6 |
University of Arkansas, Fayetteville |
$21,254,027 |
| 7 |
Michigan State University |
$21,009,976 |
| 8 |
University of Kentucky |
$20,787,671 |
| 9 |
Auburn University |
$20,535,097 |
| 10 |
University of Louisville |
$19,884,419 |
| 11 |
University of Kansas |
$19,732,079 |
| 12 |
University of Illinois Urbana-Champaign |
$18,619,676 |
| 13 |
University of Mississippi |
$18,228,378 |
| 14 |
University of California, Los Angeles |
$17,799,741 |
| 15 |
University of North Carolina, Chapel Hill |
$16,813,590 |
| 16 |
University of Virginia |
$16,684,746 |
| 17 |
Texas Tech University |
$16,600,424 |
| 18 |
Rutgers, The State University of New Jersey, New Brunswick |
$16,096,898 |
| 19 |
University of Minnesota, Twin Cities |
$15,668,467 |
| 20 |
University of Alabama |
$15,230,392 |
| 21 |
Florida State University |
$15,064,639 |
| 22 |
Pennsylvania State University |
$15,001,847 |
| 23 |
University of Houston |
$14,626,221 |
| 24 |
The Ohio State University |
$14,588,893 |
| 25 |
University of Michigan |
$14,358,515 |
| 26 |
University of Missouri, Columbia |
$14,354,000 |
| 27 |
Texas A&M University, College Station |
$14,318,327 |
| 28 |
University of California, Berkeley |
$14,101,936 |
| 29 |
University of Florida |
$14,081,081 |
| 30 |
University of Oregon |
$14,072,869 |
| 31 |
Purdue University |
$14,040,438 |
| 32 |
University of Oklahoma |
$13,662,135 |
| 33 |
University of Nebraska-Lincoln |
$13,427,513 |
| 34 |
University of Iowa |
$13,292,249 |
| 35 |
University of Maryland, College Park |
$12,972,857 |
| 36 |
North Carolina State University |
$12,873,636 |
| 37 |
Clemson University |
$12,799,513 |
| 38 |
University of Washington |
$12,761,916 |
| 39 |
University of Wisconsin-Madison |
$12,431,427 |
| 40 |
Mississippi State University |
$12,220,602 |
| 41 |
University of Cincinnati |
$11,883,407 |
| 42 |
Virginia Polytechnic Institute and State University |
$11,541,638 |
| 43 |
Kansas State University |
$11,464,762 |
| 44 |
University of Utah |
$11,191,830 |
| 45 |
Louisiana State University |
$11,104,405 |
| 46 |
University of South Carolina, Columbia |
$11,074,153 |
| 47 |
University of Memphis |
$10,776,074 |
| 48 |
West Virginia University |
$10,766,985 |
| 49 |
Iowa State University |
$10,578,135 |
| 50 |
University of Georgia |
$10,400,030 |