UVa Hoops

Virginia fans celebrate the first points of a Cavalier basketball game at John Paul Jones Arena.

Virginia generated $92,865,175 in revenue for the 2016-17 academic year, according to a yearly USA Today NCAA finance report that was released on Thursday. That contrasts to the $100,325,517 in spending from the UVa athletic department over the same period of time.

The revenue ranks No. 39 among Division I public schools. The Cavaliers’ spending was the 32nd most in the NCAA, according to the report.

The report indicates that Virginia brought in $12,339,296 through ticket sales, which is around $2.3 million fewer than it brought in the year before ($14,612,987).

It also indicates that Virginia collected $26,127,871 in contributions, which is around $5.4 million fewer than it collected in contributions the year before ($31,556,907). Since 2010, UVa has had only one year in which in raised fewer dollars through contributions ($25,125,724 in 2014). The school raised $31,556,907 in 2015-16.

Virginia’s total revenue was more than $10 million fewer than it brought in during the 2015-16 season ($103,272,319).

The Cavaliers’ athletic department has seen about a $40 million increase in revenue from the 2005-06 season ($52,898,726). That growth is due to increases in contributions, rights/licensing and student fees.

Virginia’s main rival, Virginia Tech, brought in $87,427,526 in revenue in 2016-17, while spending $90,716,423. Tech’s revenue ranked 44th among Division I public schools. The Hokies’ program brought in more than $17 million in ticket sales, which is just about $5 million more than Virginia.

Clemson, Florida State and Louisville all brought in more than $25 million through ticket sales. Among ACC schools listed, only Georgia Tech brought in fewer dollars through ticket sales ($11,756,425) than UVa in 2016-17.

It’s also worth noting that Virginia garnered nearly $14 million through student fees, which was most among ACC schools listed.

All these numbers are reflective of Virginia’s athletic department before Carla Williams was named athletic director in late 2017.

Sam Blum is The Daily Progress' University of Virginia sports reporter. Contact him at (434) 978-7250, sblum@dailyprogress.com, or on Twitter @SamBlum3.

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